https://www.taxtmi.com/caselaws?id=203661 The Appellate Tribunal CESTAT, New Delhi granted a stay of recovery of cenvat credit amounting to Rs. 60,51,237/- along with interest and penalty pending appeal. The Tribunal considered Circular No. 122/3/2010-S.T., which clarified that partial payment by the service recipient does not justify denying Cenvat credit if the service provider has discharged the entire duty. This interpretation led to the waiver of the demanded amount, emphasizing the importance of aligning payment and duty discharge in determining cenvat credit eligibility. en-us Fri, 03 Dec 2010 00:00:00 +0530 Fri, 10 Jun 2011 23:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203661 The Appellate Tribunal CESTAT, New Delhi granted a stay of recovery of cenvat credit amounting to Rs. 60,51,237/- along with interest and penalty pending appeal. The Tribunal considered Circular No. 122/3/2010-S.T., which clarified that partial payment by the service recipient does not justify denying Cenvat credit if the service provider has discharged the entire duty. This interpretation led to the waiver of the demanded amount, emphasizing the importance of aligning payment and duty discharge in determining cenvat credit eligibility. Case-Laws Service Tax Fri, 03 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203661