https://www.taxtmi.com/caselaws?id=218354 The Tribunal ruled in favor of the appellants in two appeals concerning service tax payment and credit transfer within a bank's branches. It found that the Ludhiana Branch was eligible for the disputed credit and emphasized that procedural errors should not lead to credit denial or penalties, given the transition to centralized payment by the Circle office. The Tribunal granted a waiver of pre-deposit and stayed the collection of dues, considering no actual revenue loss and potential prejudice to the appellants' interests. en-us Thu, 17 May 2012 00:00:00 +0530 Fri, 18 Jan 2013 18:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218354 The Tribunal ruled in favor of the appellants in two appeals concerning service tax payment and credit transfer within a bank's branches. It found that the Ludhiana Branch was eligible for the disputed credit and emphasized that procedural errors should not lead to credit denial or penalties, given the transition to centralized payment by the Circle office. The Tribunal granted a waiver of pre-deposit and stayed the collection of dues, considering no actual revenue loss and potential prejudice to the appellants' interests. Case-Laws Service Tax Thu, 17 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218354