Home Case Index All Cases Service Tax Service Tax + AT Service Tax - 2014 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2014 (3) TMI 406 - CESTAT CHENNAIWaiver of pre deposit - Telecommunication service - Denial of CENVAT Credit - Revenue contends that applicant could not have availed CENVAT credit on any of the equipment in view of Rule 3(5) of CENVAT Credit Rules which required that the applicant should have reversed CENVAT credit on all capital goods removed from the premises of the assessee, if it is not returned within 180 days from the date of removal - Held that:- since the provision in Rule 3(5) of the CENVAT Credit Rules, has been deleted the demand made for the reason that the goods have not been returned, is not sustainable at this stage. Therefore prima facie, we find it proper to grant waiver of pre-deposit of dues arising from the impugned order for admission of appeal and there shall be stay of collection of such dues during the pendency of the appeal - Stay granted.
|