https://www.taxtmi.com/caselaws?id=242896 The appellant sought waiver and stay for the denial of CENVAT credit on input services used in trading activities. The Tribunal upheld the denial, stating trading activities were exempted services and not eligible for credit. The appellant was directed to predeposit the balance amount and comply within the specified timeline. The Tribunal also directed a waiver of penalty and stay of recovery for any penalties imposed on the appellant. en-us Fri, 22 Feb 2013 00:00:00 +0530 Thu, 23 Jan 2014 06:57:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242896 The appellant sought waiver and stay for the denial of CENVAT credit on input services used in trading activities. The Tribunal upheld the denial, stating trading activities were exempted services and not eligible for credit. The appellant was directed to predeposit the balance amount and comply within the specified timeline. The Tribunal also directed a waiver of penalty and stay of recovery for any penalties imposed on the appellant. Case-Laws Central Excise Fri, 22 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242896