https://www.taxtmi.com/caselaws?id=266950 The Tribunal granted the appellant's request for waiver of pre-deposit and stayed the recovery of interest and penalty during the appeal process. The Tribunal held that the value of free supplies should not be included in the assessable value for service tax calculation, despite the appellant availing cenvat credit on those supplies. It acknowledged that while availing cenvat credit on free supplies might lead to unauthorized credit, the appellant had paid tax on a value higher than the correct assessable value, justifying the waiver and stay of recovery. en-us Tue, 08 Sep 2015 00:00:00 +0530 Tue, 27 Oct 2015 10:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266950 The Tribunal granted the appellant's request for waiver of pre-deposit and stayed the recovery of interest and penalty during the appeal process. The Tribunal held that the value of free supplies should not be included in the assessable value for service tax calculation, despite the appellant availing cenvat credit on those supplies. It acknowledged that while availing cenvat credit on free supplies might lead to unauthorized credit, the appellant had paid tax on a value higher than the correct assessable value, justifying the waiver and stay of recovery. Case-Laws Service Tax Tue, 08 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266950