1994 (3) TMI 198 - AT - Central Excise

Summary

The Stay Application was filed regarding an Order-in-Appeal of Collector of Central Excise. The appellant purchased the consignment on High Sea Sale basis and claimed modvat credit. The Tribunal waived the pre-deposit and accepted the appeal, citing the well-settled practice of availing modvat in such cases. The appeal was allowed with consent of both sides.