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2015 (8) TMI 156 - AT - Service TaxReversal of CENVAT Credit - Trading activity - Exempted services or not - Held that:- stay order [2015 (1) TMI 223 - CESTAT NEW DELHI] was issued at a time when the explanation under Rule 2(e) specifically stating that “exempted services includes trading” was not in existence. In view of the amendment to Rule 2(e) specifically mentioning that “exempted services” includes trading, we are of the view that the case does not deserve full waiver from pre-deposit. However, having regard to the fact that the said explanation was added for removal of doubts, we order pre-deposit of only ₹ 64,82,994/- with proportionate interest within four weeks - Partial stay granted.
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