https://www.taxtmi.com/caselaws?id=242395 The Tribunal granted waiver of pre-deposit and stayed the recovery during the appeal process in a case concerning denial of credit for service tax paid on taxable services used in generating electricity. The applicant was found to be availing proportionate credit for taxable services used in manufacturing goods, including electricity sold outside the factory. The Tribunal held that the Revenue's arguments were insufficient to justify the denial of credit, leading to the stay petition being allowed. en-us Thu, 21 Feb 2013 00:00:00 +0530 Tue, 14 Jan 2014 08:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242395 The Tribunal granted waiver of pre-deposit and stayed the recovery during the appeal process in a case concerning denial of credit for service tax paid on taxable services used in generating electricity. The applicant was found to be availing proportionate credit for taxable services used in manufacturing goods, including electricity sold outside the factory. The Tribunal held that the Revenue's arguments were insufficient to justify the denial of credit, leading to the stay petition being allowed. Case-Laws Service Tax Thu, 21 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242395