https://www.taxtmi.com/caselaws?id=242504 The Tribunal accepted the appellant's offer to deposit Rs.40,00,000/- pending appeal for waiver of pre-deposit of CENVAT Credit amounting to Rs.3,22,42,670/- and an equal penalty. The remaining dues would be waived, and recovery stayed during the appeal's pendency upon compliance. The Tribunal considered the admissibility of CENVAT Credit based on the nature of services provided and the appellant's financial circumstances, showing a balanced approach in addressing both the Revenue's interests and the appellant's financial challenges. en-us Thu, 02 May 2013 00:00:00 +0530 Thu, 16 Jan 2014 09:54:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242504 The Tribunal accepted the appellant's offer to deposit Rs.40,00,000/- pending appeal for waiver of pre-deposit of CENVAT Credit amounting to Rs.3,22,42,670/- and an equal penalty. The remaining dues would be waived, and recovery stayed during the appeal's pendency upon compliance. The Tribunal considered the admissibility of CENVAT Credit based on the nature of services provided and the appellant's financial circumstances, showing a balanced approach in addressing both the Revenue's interests and the appellant's financial challenges. Case-Laws Service Tax Thu, 02 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242504