CESTAT waives pre-deposit for service tax on Port & Space charges, citing BSNL's payment.

The Appellate Tribunal CESTAT NEW DELHI ruled in favor of the applicants, waiving the pre-deposit of &8377;61,473 for service tax on Port & Space charges. The Tribunal held that since BSNL had paid service tax which was accepted by the Revenue, credit could not be denied. As a result, the Tribunal allowed the stay petition.

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The Appellate Tribunal CESTAT NEW DELHI heard a case regarding waiver of pre-deposit of &8377;61,473 for service tax on Port & Space charges. The Revenue denied credit, but the applicants argued that BSNL paid service tax accepted by Revenue, so credit cannot be denied. The Tribunal agreed, waived pre-deposit, and allowed the stay petition.

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