1997 (5) TMI 226 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Mumbai considered an application for dispensing with pre-deposit of Rs. 27,76,569 sought to be recovered as wrongly availed Modvat credit. The Tribunal directed the applicant to deposit Rs. 10.00 lacs by a specified date for hearing the appeal on merits, while staying recovery of the balance duty amount. Compliance with the order was scheduled for 5-8-1997.