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2011 (5) TMI 138 - AT - Central ExciseWaiver of pre-deposit - MODVAT Credit - Irregular availment of MODVAT Credit on the basis of fake and fictitious invoices issued by non-existent and bogus manufacturing units - Held that: modify the stay order, set aside the present impugned order and remand the matter to original adjudicating authority for decision in the light of observations made in above referred judgment of M/s Bhagwati Silk Mills and M/s Roop Dyg. & Ptg. Mills - Hence, appeals get disposed off.
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