CESTAT rules against waiver of pre-deposit for Service tax credit denial. Applicant to deposit disputed amount. The Appellate Tribunal CESTAT NEW DELHI ruled against the applicant's request for waiver of pre-deposit of Service tax amounting to Rs. 11,72,309. The ...
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CESTAT rules against waiver of pre-deposit for Service tax credit denial. Applicant to deposit disputed amount.
The Appellate Tribunal CESTAT NEW DELHI ruled against the applicant's request for waiver of pre-deposit of Service tax amounting to Rs. 11,72,309. The demand was confirmed as the credit availed on Service tax paid by cable operators was deemed impermissible. The applicant was directed to deposit the disputed amount within eight weeks. Stay petition was dismissed. Reporting compliance set for 20-8-2008.
The Appellate Tribunal CESTAT NEW DELHI ruled against the applicant's request for waiver of pre-deposit of Service tax amounting to Rs. 11,72,309. The demand was confirmed as the credit availed on Service tax paid by cable operators was deemed impermissible. The applicant was directed to deposit the disputed amount within eight weeks. Stay petition was dismissed. Reporting compliance set for 20-8-2008.
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