2015 (10) TMI 647 - HC - Central Excise

Cenvat/Modvat Credit - Capital goods - High Court dismissed appeal filed by Revenue for non prosecution.the appeal was filed against the decision of Tribunal 2005 (11) TMI 348 - CESTAT, CHENNAI ; wherein tribunal held that Revenue has not claimed that the operation of the order of the Tribunal 2002 (6) TMI 127 - CEGAT, NEW DELHI has been stayed. The mere pendency of a civil appeal cannot be taken as having any impact on the precedent value of the Tribunal s decision which is the subject-matter of the appeal.

Summary

The High Court of Madras dismissed the appeal against the Final Order No. 1496 of 2005 passed by the Customs, Excise and Service Tax Appellate Tribunal, Chennai, due to lack of representation by the appellant. No costs were awarded.