https://www.taxtmi.com/caselaws?id=202141 Pre-deposit relief was considered in a dispute over alleged wrongful availment and utilisation of Cenvat credit, where demand, interest and penalties were proposed under the Cenvat Credit Rules, 2004 and the Finance Act, 1994. The appellant argued that Notification No. 6/2005-S.T. applied because the aggregate value of taxable services did not exceed the prescribed threshold in the relevant financial year, and on that basis claimed a strong prima facie case against recovery. On that footing, pre-deposit of tax, interest and penalty was waived and recovery was stayed pending disposal of the appeal. en-us Thu, 12 Aug 2010 00:00:00 +0530 Mon, 07 Feb 2011 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202141 Pre-deposit relief was considered in a dispute over alleged wrongful availment and utilisation of Cenvat credit, where demand, interest and penalties were proposed under the Cenvat Credit Rules, 2004 and the Finance Act, 1994. The appellant argued that Notification No. 6/2005-S.T. applied because the aggregate value of taxable services did not exceed the prescribed threshold in the relevant financial year, and on that basis claimed a strong prima facie case against recovery. On that footing, pre-deposit of tax, interest and penalty was waived and recovery was stayed pending disposal of the appeal. Case-Laws Service Tax Thu, 12 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202141