1997 (3) TMI 290 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi heard a case involving Punjab State Electricity Board's undertaking regarding Modvat credit for coils used in transformers. The Department initially treated the activity as dutiable but later reversed its stance. The Additional Collector's order to reverse the Modvat credit was set aside by the Collector (Appeals). The Department challenged this, leading to the appeal before the Tribunal, which accepted the jurisdictional issue and condoned the delay in filing the appeal. The stay petition for waiver of pre-deposit in cash was deemed unnecessary as the original order did not require any cash payment.