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2012 (8) TMI 564 - AT - Service TaxWaiver of pre-deposit denial of Cenvat credit of Service tax paid on stock brokers services - appellant is a promoter of Airtel JT Mobiles. They had held shares for a long time and finally they sold them and got out of the tag of promoters Held that:- whether disinvest is business activity or not has to be considered in detail by examining the activities of the appellant over a period of time, its memorandum and articles of association and other relevant facts before coming to a conclusion matter remanded - pre-deposit is to be waived
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