1996 (6) TMI 178

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..... the Respondent. [Order per : P.K. Desai, Member (J)]. - Today, only the stay application was listed for hearing. However, considering the appeal filed, it appears that the demand is hit by period of limitation, the entire appeal is taken up for disposal by granting waiver against pre-deposit. 2. The Modvat credit is sought to be denied on grinding wheels and certain other tools specified .....

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..... sion, therefore, there is no act of suppression and the statement made in the Modvat declaration would not tentamount to misdeclaration or misstatement on their part. The demand is therefore hit by the period of limitation. 4. Smt. Bharati Chavan, the ld, DR for the respondents, however, submits that the appellants have never declared the use of the items in the manufacturing process and sho .....

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