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<h1>Appellate Tribunal grants waiver on Service Tax & penalty for industrial gases manufacturer.</h1> The Appellate Tribunal CESTAT Mumbai granted waiver of pre-deposit of Service Tax and penalty imposed on an appellant engaged in manufacturing industrial ... - The Appellate Tribunal CESTAT Mumbai granted waiver of pre-deposit of Service Tax and penalty imposed on an appellant engaged in manufacturing industrial gases. The Tribunal considered the appellant's argument that the activity did not fall under banking and financial services. Waiver was granted based on a previous order in the appellant's own case.