https://www.taxtmi.com/caselaws?id=245730 Waiver of pre-deposit was granted in a dispute over denial of Cenvat credit under Rule 4(7) of the Cenvat Credit Rules, 2004. The demand related to service tax credit taken on contract amounts where part of the consideration was retained for final settlement. Relying on the departmental circular, the appellant contended that service tax had already been paid by the service providers. On the available facts, the Tribunal found that the Revenue had not shown revenue loss and that the appellant had established a prima facie case for interim relief, so the stay petition was allowed. en-us Fri, 05 Aug 2011 00:00:00 +0530 Sat, 05 Apr 2014 18:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245730 Waiver of pre-deposit was granted in a dispute over denial of Cenvat credit under Rule 4(7) of the Cenvat Credit Rules, 2004. The demand related to service tax credit taken on contract amounts where part of the consideration was retained for final settlement. Relying on the departmental circular, the appellant contended that service tax had already been paid by the service providers. On the available facts, the Tribunal found that the Revenue had not shown revenue loss and that the appellant had established a prima facie case for interim relief, so the stay petition was allowed. Case-Laws Central Excise Fri, 05 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245730