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2014 (10) TMI 418 - CESTAT CHENNAIWaiver of pre deposit - activity of safe keeping of gold in its vaults - Banking and other financial services - Held that:- Tribunal in the appellants own case for the earlier period [2013 (12) TMI 45 - CESTAT CHENNAI] observed that prima facie the provisions of Rule 6(2)(iv) of Service Tax (Determination of Value) Rules 2006 will apply not only to monetary loan but also to loan given in the form of gold. The other issue regarding the service tax for the amount of receipt in the form of margin of profit for safekeeping of the gold in the vault, the Tribunal directed the applicant to make a predeposit of about 10% of the tax - Conditional stay granted.
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