1995 (3) TMI 241 - AT - Central Excise

Summary

The Appellate Tribunal waived the pre-deposit requirement, stayed recovery of duty and penalty, and proceeded with the appeal. The case involved deemed credit availed on non-duty paid inputs. The Collector's order for pre-deposit was set aside, and the matter was remanded for fresh adjudication. The appellants can file a new stay application before the lower appellate authority.