https://www.taxtmi.com/caselaws?id=238871 The tribunal granted the application for waiver of pre-deposit of service tax and Cenvat credit, amounting to Rs.6.04 crores and Rs.9.65 Lakhs, respectively. The applicant, a public sector undertaking, had paid Rs.5.50 crores against the liability, supported by detailed payment evidence. The tribunal accepted this amount as sufficient for the appeal, waiving the balance dues and staying their recovery during the appeal. It cautioned that any discrepancies found by the Revenue could lead to further action. The case highlights the importance of providing solid evidence in waiver applications for tax liabilities and ensuring transparency in financial transactions. en-us Fri, 05 Jul 2013 00:00:00 +0530 Fri, 01 Nov 2013 11:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238871 The tribunal granted the application for waiver of pre-deposit of service tax and Cenvat credit, amounting to Rs.6.04 crores and Rs.9.65 Lakhs, respectively. The applicant, a public sector undertaking, had paid Rs.5.50 crores against the liability, supported by detailed payment evidence. The tribunal accepted this amount as sufficient for the appeal, waiving the balance dues and staying their recovery during the appeal. It cautioned that any discrepancies found by the Revenue could lead to further action. The case highlights the importance of providing solid evidence in waiver applications for tax liabilities and ensuring transparency in financial transactions. Case-Laws Service Tax Fri, 05 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238871