https://www.taxtmi.com/caselaws?id=33749 Revenue neutrality may support interim waiver of predeposit and stay of service tax recovery where tax demanded after denial of an exemption would be available as CENVAT credit on corresponding input services. The claimed availability of credit can establish a prima facie revenue-neutral position, reducing the immediate recovery impact pending resolution. On this basis, waiver of predeposit and stay of recovery may be granted in an appropriate matter. en-us Tue, 28 Oct 2008 00:00:00 +0530 Sat, 06 Jun 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33749 Revenue neutrality may support interim waiver of predeposit and stay of service tax recovery where tax demanded after denial of an exemption would be available as CENVAT credit on corresponding input services. The claimed availability of credit can establish a prima facie revenue-neutral position, reducing the immediate recovery impact pending resolution. On this basis, waiver of predeposit and stay of recovery may be granted in an appropriate matter. Case-Laws Service Tax Tue, 28 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33749