https://www.taxtmi.com/caselaws?id=31456 At the stay stage, the Tribunal found no prima facie case for waiver of pre-deposit against service tax demand based on credit availed on tax allegedly paid by cable operators. It noted the appellant's revenue-neutrality argument but held that credit of service tax paid by the recipient of service as input service was not permissible on the material before it. As no sufficient basis for waiver was shown, the appellant was directed to deposit the disputed amount within eight weeks and the stay petition was dismissed. en-us Tue, 10 Jun 2008 00:00:00 +0530 Fri, 14 Nov 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31456 At the stay stage, the Tribunal found no prima facie case for waiver of pre-deposit against service tax demand based on credit availed on tax allegedly paid by cable operators. It noted the appellant's revenue-neutrality argument but held that credit of service tax paid by the recipient of service as input service was not permissible on the material before it. As no sufficient basis for waiver was shown, the appellant was directed to deposit the disputed amount within eight weeks and the stay petition was dismissed. Case-Laws Service Tax Tue, 10 Jun 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31456