https://www.taxtmi.com/caselaws?id=218714 The Tribunal granted the Stay Petitions for waiver of pre-deposit of Service Tax, interest, and penalty under Section 76 of the Finance Act, 1994, amounting to Rs. 9,95,150/-, as the appellant demonstrated eligibility for availing CENVAT Credit on duty paid products used in providing 'Repair & Maintenance' services. The demand for reversal of CENVAT Credit and duty paid amount was deemed incorrect, allowing the appellant to retain the credit until the appeals' final disposal. The Tribunal acknowledged the appellant's legitimate use of CENVAT Credit, leading to a favorable outcome in their favor. en-us Tue, 27 Dec 2011 00:00:00 +0530 Thu, 16 May 2013 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218714 The Tribunal granted the Stay Petitions for waiver of pre-deposit of Service Tax, interest, and penalty under Section 76 of the Finance Act, 1994, amounting to Rs. 9,95,150/-, as the appellant demonstrated eligibility for availing CENVAT Credit on duty paid products used in providing 'Repair & Maintenance' services. The demand for reversal of CENVAT Credit and duty paid amount was deemed incorrect, allowing the appellant to retain the credit until the appeals' final disposal. The Tribunal acknowledged the appellant's legitimate use of CENVAT Credit, leading to a favorable outcome in their favor. Case-Laws Service Tax Tue, 27 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218714