2013 (12) TMI 1561 - AT - Service Tax

Summary

The Appellate Tribunal CESTAT Bangalore granted waiver of predeposit and stay of further proceedings in a case where CENVAT credit was disallowed for MS angles, beams, channels used in providing support structures for belt conveyor system. The decision was based on a strong prima facie case for relief as per a previous judgment of the Andhra Pradesh High Court. The impugned order disallowed availed CENVAT credit of Rs. 77,21,700 and ordered recovery of interest and penalties.