https://www.taxtmi.com/caselaws?id=209993 The Appellate Tribunal CESTAT, Chennai granted waiver of pre-deposit of service tax and cess on profit from foreign exchange transactions by a bank. The Tribunal considered a prima facie case presented by the assessees, referencing Circular No.92/3/2007-ST and a prior Tribunal's stay order. Recovery of the disputed amounts was stayed pending the appeal. (Order pronounced on 20.06.2011) en-us Mon, 20 Jun 2011 00:00:00 +0530 Fri, 05 Jul 2013 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209993 The Appellate Tribunal CESTAT, Chennai granted waiver of pre-deposit of service tax and cess on profit from foreign exchange transactions by a bank. The Tribunal considered a prima facie case presented by the assessees, referencing Circular No.92/3/2007-ST and a prior Tribunal's stay order. Recovery of the disputed amounts was stayed pending the appeal. (Order pronounced on 20.06.2011) Case-Laws Service Tax Mon, 20 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209993