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    <title>2008 (7) TMI 181 - CESTAT, CHENNAI</title>
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    <description>Revenue-neutrality was accepted as a sufficient basis for interim relief where service tax, interest and penalties were demanded for drilling seismic shot holes in the course of survey and exploration of mineral, oil and gas services. The appellants argued that they acted only as subcontractors and that any tax paid would be creditable to the principal contractor through Cenvat credit. On the material placed, the plea of revenue-neutrality was found unassailable for the stay application, and waiver of pre-deposit with stay of recovery was granted.</description>
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    <pubDate>Fri, 25 Jul 2008 00:00:00 +0530</pubDate>
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      <title>2008 (7) TMI 181 - CESTAT, CHENNAI</title>
      <link>https://www.taxtmi.com/caselaws?id=31758</link>
      <description>Revenue-neutrality was accepted as a sufficient basis for interim relief where service tax, interest and penalties were demanded for drilling seismic shot holes in the course of survey and exploration of mineral, oil and gas services. The appellants argued that they acted only as subcontractors and that any tax paid would be creditable to the principal contractor through Cenvat credit. On the material placed, the plea of revenue-neutrality was found unassailable for the stay application, and waiver of pre-deposit with stay of recovery was granted.</description>
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      <pubDate>Fri, 25 Jul 2008 00:00:00 +0530</pubDate>
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