https://www.taxtmi.com/caselaws?id=243335 The Tribunal granted the application for waiver of pre-deposit of service tax, interest, and penalty amounting to &8377;34,37,403/-, based on the applicants' entitlement to CENVAT credit on service tax paid for warehousing services abroad. Relying on a Board Circular, the Tribunal found the applicants prima facie eligible for the credit, leading to the waiver of pre-deposit and stay on recovery during the appeal process. The decision favored the applicant, with the Tribunal allowing the stay application, providing a clear resolution to the dispute. en-us Mon, 19 Mar 2012 00:00:00 +0530 Thu, 10 Jul 2014 12:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243335 The Tribunal granted the application for waiver of pre-deposit of service tax, interest, and penalty amounting to &8377;34,37,403/-, based on the applicants' entitlement to CENVAT credit on service tax paid for warehousing services abroad. Relying on a Board Circular, the Tribunal found the applicants prima facie eligible for the credit, leading to the waiver of pre-deposit and stay on recovery during the appeal process. The decision favored the applicant, with the Tribunal allowing the stay application, providing a clear resolution to the dispute. Case-Laws Service Tax Mon, 19 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243335