1998 (2) TMI 254 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi granted a stay application filed by the appellants related to a dispute over availing Modvat credit for manufacturing HDPE/PP fabrics and sacks. The appellants claimed exemption on clearances within the prescribed limit under Notification 1/93. The Tribunal found the appellants had a strong case and stayed the recovery of the disputed amount during the appeal.