TMI Blog2015 (8) TMI 156X X X X Extracts X X X X X X X X Extracts X X X X ..... 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. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ices but did not maintain separate account of the Cenvat credit taken and therefore was required to pay 5% / 6% / 8% of the value of the exempted service under Notifications No. 3/2011-CE(NT) dated 1.3.2011, 16/2009-CE(NT) dated 7.7.2009 / 10/2008-CE(NT) dated 1.3.2008. 2. The appellant has contended that apart from providing taxable services, it was only doing trading activity which is not a s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ading, 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. Compliance is to be reported on 31.7.2015. Subject to such compliance, recovery of the remaining adjudicated liability is ..... X X X X Extracts X X X X X X X X Extracts X X X X
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