https://www.taxtmi.com/caselaws?id=211473 The Tribunal granted waiver of pre-deposit for Service Tax demands under Section 76 of the Finance Act, 1994, based on Notification No. 1/2006. The applicants, seeking exemption under the notification, were allowed to avail CENVAT Credit for input services received before the introduction of the notification. The Tribunal relied on a previous decision and found no explicit prohibition in the notification regarding the entitlement to CENVAT Credit for pre-notification input services. Consequently, the waiver was granted for the entire amount of Service Tax, interest, and penalty, with recovery stayed pending appeal. en-us Tue, 24 Jan 2012 00:00:00 +0530 Thu, 23 Aug 2012 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211473 The Tribunal granted waiver of pre-deposit for Service Tax demands under Section 76 of the Finance Act, 1994, based on Notification No. 1/2006. The applicants, seeking exemption under the notification, were allowed to avail CENVAT Credit for input services received before the introduction of the notification. The Tribunal relied on a previous decision and found no explicit prohibition in the notification regarding the entitlement to CENVAT Credit for pre-notification input services. Consequently, the waiver was granted for the entire amount of Service Tax, interest, and penalty, with recovery stayed pending appeal. Case-Laws Service Tax Tue, 24 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211473