2009 (3) TMI 894 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT Chennai heard a case regarding waiver of pre-deposit of service tax and penalty. The issue was about pro rata distribution of service tax credit by an input service distributor. The Tribunal found a prima facie case for waiver based on statutory provisions and past decisions. They waived the requirement of pre-deposit and stayed the recovery pending the appeal.