1997 (6) TMI 112 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai directed the Commissioner (Appeals) to consider the acceptability of Modvat credit for invoices issued by a sole selling agent in April 1994. The Commissioner (Appeals) rejected the invoices, but the Tribunal found precedents supporting the validity of such invoices for credit. As a result, the Tribunal waived the pre-deposit of duty demanded and stayed its recovery.