2001 (6) TMI 351 - AT - Central Excise

Summary

The Appellate Tribunal CEGAT, Kolkata allowed the Stay Petition of the applicants by dispensing with the pre-deposit of duty amount and penalty. The denial of Modvat credit was based on the late application for subsidiary gate pass, but since the pass was issued by the authority, the denial was not justified. The main appeal is scheduled for hearing on 23-7-2001.