1997 (1) TMI 164 - AT - Central Excise

Summary

The applicants filed a stay application for waiver of duty and penalty related to denial of Modvat credit for liquid nitrogen used in manufacturing Spray Dried Silica. The Tribunal found lack of evidence on whether testing was compulsory before marketing the goods. The Tribunal ordered the applicants to pay the duty amount for the appeal hearing, dispensing with the penalty amount. Compliance was to be reported by 10-2-1997.