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The Appellate Tribunal CESTAT Chennai granted waiver of pre-deposit of service tax amounting to Rs. 8,36,27,487/- along with interest and penalties. This decision was based on a strong prima facie case made by the applicants, citing a relevant judgment by the Hon'ble Apex Court and Hon'ble Sikkim High Court. The Tribunal also stayed the recovery of the amounts during the appeal process.
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