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2013 (9) TMI 923 - AT - Service TaxCENVAT credit - Input Service Distributor - 4 years delay in availing cenvat credit - Held that:- there is inordinate delay of about 4 years in claiming Cenvat credit which would make it almost impossible for Revenue to verify whether these credits have been taken in any other offices of the applicant. Moreover, the decisions of the Tribunal’s Larger Bench and the Madras High Court are to the effect that a reasonable time has to be adopted. The order relied upon by the counsel for applicant the facts are not quite clear. It appears to be in a situation where the delay was marginally higher than six months and in a situation where time limit of six months was prescribed just before taking credit. Having regard to various decisions in the matter, I direct the applicant to make a pre-deposit of Rs.1,50,000 within 6 weeks and report compliance on 8.11.2013. Subject to such deposit, pre-deposit of balance dues arising from the impugned order is waived and there shall be stay on collection of such dues during pendency of the appeal - stay granted partly.
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