Court Rules 35% CENVAT Credit on Input Services Not Required for Pre-Deposit in Rent of Immovable Property Case.

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....CENVAT Credit - Renting of immovable property services - 35% of Cenvat credit availed on input services is not required to be made as pre-deposit - Appellant directed to pre-deposit 35% of the Cenvat credit denied and attributable to inputs and capital goods alone - Tri-LB....