https://www.taxtmi.com/caselaws?id=31236 The dispute concerned whether the appellant had made out a prima facie case for waiver of pre-deposit and stay of recovery in relation to disputed service tax credit utilisation. The Tribunal considered the 35% restriction on utilisation of service tax credit under the Service Tax Credit Rules, 2002, and the appellant's contention that the restriction applied only where the output service was exempt. It also noted submissions on the absence of suppression and the method of computing credit over the relevant period. On the material before it, the Tribunal found interim relief justified and granted waiver of pre-deposit with stay of recovery pending appeal. en-us Fri, 30 May 2008 00:00:00 +0530 Thu, 23 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31236 The dispute concerned whether the appellant had made out a prima facie case for waiver of pre-deposit and stay of recovery in relation to disputed service tax credit utilisation. The Tribunal considered the 35% restriction on utilisation of service tax credit under the Service Tax Credit Rules, 2002, and the appellant's contention that the restriction applied only where the output service was exempt. It also noted submissions on the absence of suppression and the method of computing credit over the relevant period. On the material before it, the Tribunal found interim relief justified and granted waiver of pre-deposit with stay of recovery pending appeal. Case-Laws Service Tax Fri, 30 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31236