https://www.taxtmi.com/caselaws?id=240077 At the stay stage, the Tribunal applied the prima facie test for waiver of pre-deposit and granted full relief on the demands relating to renting of immovable property, real estate agency service, and business auxiliary service, finding that the taxability issues required examination at final hearing and that the transactions appeared, on a preliminary view, to be transfers of rights or sale of shares rather than taxable services. On the CENVAT credit issue, however, the Tribunal held that a complete waiver was not justified because the input services related to construction of immovable property before the renting service came into tax net, and directed deposit of 50% of the denied credit, with the balance stayed pending appeal. en-us Wed, 01 Aug 2012 00:00:00 +0530 Mon, 25 Nov 2013 00:54:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240077 At the stay stage, the Tribunal applied the prima facie test for waiver of pre-deposit and granted full relief on the demands relating to renting of immovable property, real estate agency service, and business auxiliary service, finding that the taxability issues required examination at final hearing and that the transactions appeared, on a preliminary view, to be transfers of rights or sale of shares rather than taxable services. On the CENVAT credit issue, however, the Tribunal held that a complete waiver was not justified because the input services related to construction of immovable property before the renting service came into tax net, and directed deposit of 50% of the denied credit, with the balance stayed pending appeal. Case-Laws Service Tax Wed, 01 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240077