TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>CESTAT grants waiver of pre-deposit for tax and penalty in Cenvat credit case</h1> The Appellate Tribunal CESTAT, New Delhi granted waiver of pre-deposit of Tax of Rs. 65,187.00 and penalty of Rs. 10,000.00 to the applicant. The ... Applicant availed Cenvat credit on input service on the basis of invoices were raised in favour of the applicant’s Head Office situated at Kolkata, whereas the manufacturing Unit is located in Madhya Pradesh. The inputs service credit was taken on Telephone/Mobile charges, insurances charges, Courier Service, Freight Charges and Security Services charges. Prima facie it appears that the input services are related to business activities and credit is admissible - Stay application is allowed. The Appellate Tribunal CESTAT, New Delhi granted waiver of pre-deposit of Tax of Rs. 65,187.00 and penalty of Rs. 10,000.00 to the applicant. The applicant availed Cenvat credit on input services related to business activities. Pre-deposit of tax and penalty waived till appeal disposal. Stay application allowed.
TaxTMI 
TaxTMI 
