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2014 (2) TMI 412 - AT - Service TaxValidity of credit taken - Cenvat credit availed on Input Service Distributors – Proportionate distribution made or not – Held that:- Following Eveready Industries India Ltd. Versus CCE [2013 (12) TMI 1378 - CESTAT CHENNAI] - proportionment done by the applicant is correct - there appears to be calculation error in the quantification of the demand of tax - the applicant directed to deposit a sum of Rupees Ten lakhs as pre-deposits – upon such submission rest of the duty to be stayed till the disposal – Partial stay granted.
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