Home Case Index All Cases Central Excise Central Excise + AT Central Excise - 2011 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (8) TMI 982 - CESTAT NEW DELHIWaiver of pre deposit - Denial of credit proportionate to the amount retained as security - input services - Held that:- appellant explains that a small percentage of the contract amounts awarded to different service providers for executing the expansion project of their plant was retained for settlement at the final stage of the contract after verification that all the terms and conditions of the contract has been fulfilled. Their case is that the tax amounts for which credit has been taken, have been paid by the service providers to the exchequer. They rely on Board Circular No. 8771/5/2008-CX., dated 17-1-2008 to justify their claims that they are entitled to take credit of duty paid by the service providers - Stay granted.
|