2005 (4) TMI 230 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, New Delhi allowed the stay petition and waived the pre-deposit of duty of Rs. 46,816 for hearing the appeal. The applicant's contention was that capital goods can be moved from the factory to the job worker as per Rule 4(5) of Cenvat Credit Rules. The Tribunal found that the applicant had a strong case in their favor as the job workers were using the invoice on capital goods in processing.