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2014 (1) TMI 622 - AT - Service TaxStay application - Reversal of CENVAT Credit - Held that:- Assessee have been maintaining separate accounts for input services attributable to taxable services and exempted services and for the common input services, and that they have reversed the credit amount attributable to exempted services and such reversal should be sufficient for admission of appeal stay has been granted in the earlier case. Hence we waive the requirement of pre-deposit of dues arising from the impugned order for admission of appeal and there shall be stay of collection of dues arising from the impugned order during pendency of appeal - Stay granted.
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