1993 (9) TMI 191 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Calcutta heard a case where M/s. Usha Martin Industries Ltd. was directed to make cash payment for Modvat credit availed for inputs like Ramming Mass, despite already reversing the amount in their RG 23A Account. The Tribunal found the demand for cash payment unjustified and stayed the operation of the impugned orders until the appeal is disposed of. The appeal is scheduled for hearing on 21-1-1994.