https://www.taxtmi.com/caselaws?id=238926 The Appellate Tribunal CESTAT KOLKATA ruled in favor of the Applicant, granting a waiver of predeposit of CENVAT Credit and penalty imposed under Sections 76 and 77 of the Finance Act, 1994. The issue revolved around the eligibility of abatement of 75% from the gross value of taxable service under Notification No.34/2004-ST. Despite the Department's denial of the benefit due to alleged lack of evidence, the Tribunal found in favor of the Applicant, noting their engagement with only one GTA service provider and partial payment of the confirmed amount. The Tribunal granted a waiver of the balance dues and stayed the recovery pending appeal. en-us Thu, 18 Jul 2013 00:00:00 +0530 Sat, 02 Nov 2013 11:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238926 The Appellate Tribunal CESTAT KOLKATA ruled in favor of the Applicant, granting a waiver of predeposit of CENVAT Credit and penalty imposed under Sections 76 and 77 of the Finance Act, 1994. The issue revolved around the eligibility of abatement of 75% from the gross value of taxable service under Notification No.34/2004-ST. Despite the Department's denial of the benefit due to alleged lack of evidence, the Tribunal found in favor of the Applicant, noting their engagement with only one GTA service provider and partial payment of the confirmed amount. The Tribunal granted a waiver of the balance dues and stayed the recovery pending appeal. Case-Laws Service Tax Thu, 18 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238926