https://www.taxtmi.com/caselaws?id=254944 In a CENVAT credit dispute over furniture, other goods claimed as inputs or capital goods, and certain input services, CESTAT Mumbai found the credit issue to be debatable and held that the appellant had shown a prima facie case on the service-credit nexus as well. On that basis, it granted conditional stay of the balance tax, interest and penalty pending disposal of the appeal, subject to pre-deposit of Rs. 40 lakhs with adjustment of any amount already paid. The order reflects that where the credit claim is arguable and a prima facie case is made out, stay can be granted on pre-deposit terms. en-us Mon, 24 Nov 2014 00:00:00 +0530 Fri, 24 Feb 2017 15:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=254944 In a CENVAT credit dispute over furniture, other goods claimed as inputs or capital goods, and certain input services, CESTAT Mumbai found the credit issue to be debatable and held that the appellant had shown a prima facie case on the service-credit nexus as well. On that basis, it granted conditional stay of the balance tax, interest and penalty pending disposal of the appeal, subject to pre-deposit of Rs. 40 lakhs with adjustment of any amount already paid. The order reflects that where the credit claim is arguable and a prima facie case is made out, stay can be granted on pre-deposit terms. Case-Laws Service Tax Mon, 24 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=254944