1999 (4) TMI 249 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, New Delhi denied Modvat credit due to invoices issued before the allowed time frame. The lower appellate authority rejected appeals for non-compliance with the statutory requirement of Section 35F. The Tribunal granted waiver of pre-deposit of duty and penalty, staying recovery during the appeal's pendency, as the issue had been referred to a Larger Bench for decision.