CESTAT allows credit of service tax on 'Rent a Cab' for staff transport. Assessees entitled to credit and penalty waived.

The Appellate Tribunal CESTAT, Chennai upheld the decision allowing credit of service tax paid on services of 'Rent a Cab' for staff transport. Assessees entitled to credit of Rs. 94,758 with interest and are not liable for penalty. Appeal was rejected.

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The Appellate Tribunal CESTAT, Chennai upheld the decision allowing credit of service tax paid on services of 'Rent a Cab' for staff transport, following precedents. Assessees entitled to credit of Rs. 94,758 with interest, not liable for penalty. Appeal rejected.

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