https://www.taxtmi.com/caselaws?id=238233 The Tribunal directed the appellant to pre-deposit a specific amount within a stipulated period, with the pre-deposit of the balance dues being waived upon compliance. The recovery of the waived amount was stayed pending the appeal process. The Tribunal expressed skepticism regarding the nexus between the input services (sale of equity shares) and the output services provided by the appellant, particularly due to the exemption of the final product from excise duty. Financial hardship faced by the company was considered but did not alter the decision to deny CENVAT credit on the input services related to the sale of equity shares. en-us Thu, 01 Aug 2013 00:00:00 +0530 Fri, 18 Oct 2013 15:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238233 The Tribunal directed the appellant to pre-deposit a specific amount within a stipulated period, with the pre-deposit of the balance dues being waived upon compliance. The recovery of the waived amount was stayed pending the appeal process. The Tribunal expressed skepticism regarding the nexus between the input services (sale of equity shares) and the output services provided by the appellant, particularly due to the exemption of the final product from excise duty. Financial hardship faced by the company was considered but did not alter the decision to deny CENVAT credit on the input services related to the sale of equity shares. Case-Laws Service Tax Thu, 01 Aug 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238233