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    <title>2014 (12) TMI 455 - CESTAT BANGALORE</title>
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    <description>The Tribunal held that the appellant&#039;s trading activity was not considered an exempted service before March 2011. While the appellant complied with Rule 6(3)(a) post-April 2011, proportionate credit reversal for trading activity was required for the period before that date. The appellant was directed to deposit amounts towards interest liability and proportionate credit attributable to trading activity within a specified timeline to avoid further pre-deposit requirements and stay against recovery.</description>
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      <link>https://www.taxtmi.com/caselaws?id=254111</link>
      <description>The Tribunal held that the appellant&#039;s trading activity was not considered an exempted service before March 2011. While the appellant complied with Rule 6(3)(a) post-April 2011, proportionate credit reversal for trading activity was required for the period before that date. The appellant was directed to deposit amounts towards interest liability and proportionate credit attributable to trading activity within a specified timeline to avoid further pre-deposit requirements and stay against recovery.</description>
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      <pubDate>Thu, 07 Aug 2014 00:00:00 +0530</pubDate>
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