CESTAT Chennai: Waiver of predeposit and stay during appeal in IT service tax dispute

The Appellate Tribunal CESTAT CHENNAI ruled in favor of the appellant, allowing waiver of predeposit and stay of recovery during the appeal process in a classification dispute regarding service tax liability for Information Technology Service prior to 16.5.2008. Service tax demand of Rs. 83,41,013/- with Rs. 14,99,688/- already deposited by the appellant.

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The Appellate Tribunal CESTAT CHENNAI ruled in favor of the appellant, allowing waiver of predeposit and stay of recovery during the appeal process due to a classification dispute regarding service tax liability for Information Technology Service prior to 16.5.2008. Service tax demand of Rs. 83,41,013/- with Rs. 14,99,688/- already deposited by the appellant.

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