2012 (4) TMI 156 - AT - Service Tax

Application for waiver of pre-deposit of service tax interest and penalty - demand is confirmed the insurance of factory building is nothing to do with the manufacture of goods - Held that - credit in respect of service tax paid on the insurance of building is already settled in favour of the assessee by the Tribunal in Utopia India Pvt. Ltd - 2011 - TMI - 206893 - CESTAT, BANGALORE - appeal of assessee allowed.

Summary

The Appellate Tribunal CESTAT, New Delhi, in the case of waiver of pre-deposit of service tax, interest, and penalty, ruled in favor of the appellants citing a previous Tribunal case, Utopia India Pvt. Ltd. vs. C.S.T., Bangalore. The demand for service tax on insurance of the factory building was denied, but the Tribunal overturned the decision, allowing the appeal and setting aside the impugned order.