1998 (11) TMI 301 - AT - Central Excise

Summary

The judgment by the Appellate Tribunal CEGAT, New Delhi involved a dispute regarding Modvat credit on inputs used in exempted tractors. The Tribunal directed the applicants to deposit Rs. 2 lakhs within eight weeks, with the balance recovery stayed during the appeal process. Compliance to be reviewed on 12-1-1999.