2014 (6) TMI 554 - AT - Service Tax

Waiver of pre-deposit of duty - Denial of CENVAT Credit - credit of service tax paid in respect of various services received in the residential township for employees. - Held that - Tribunal in Assessee s own previous case and after relying upon the decision of the Hon ble Bombay High Court in the case of CCE Vs Manikgarh Cement reported in 2010 (10) TMI 10 - BOMBAY HIGH COURT , directed the applicant to deposit 25% of the duty confirmed - Therefore, assessee is directed to make same pre deposit - stay granted partly.

Summary

The Appellate Tribunal CESTAT Mumbai heard the case where the applicant sought waiver of pre-deposit of duty amounting to Rs.13,83,00,455.73, interest, and penalty. The demand was confirmed after denying credit for service tax paid on services in a residential township for employees. Referring to a previous case, the Tribunal directed the applicant to deposit 25% of the duty within eight weeks. Upon compliance, the remaining amount of duty, interest, and penalty would be waived, and recovery stayed during the appeal process. Compliance was to be reported by 07.11.2012.