2011 (8) TMI 377

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....sp;  Per: M.V. Ravindran:   This application is for waiver of pre-deposit of an amount of Service Tax of Rs.65,39,856/- (Rupees Sixty Five Lakhs, Thirty Nine Thousands, Eight Hundreds and Fifty Six only), with equivalent amount of penalty.   2. The issue involved in this appeal is regarding Service Tax credit availed by the appellant on outward transportation from the depot....

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....fore 1.4.08, for subsequent period, the Hon'ble High Court has not settled the law.   5. After hearing both sides on Stay Petition, we find that the judgment of Hon ble Karnataka High Court in the case of ABB Ltd. Vadodara and others will apply in this case, as it is not disputed that the issue involved is in respect of CENVAT Credit of Service Tax paid on outward transportation charges ti....