2013 (1) TMI 577 - AT - Service Tax

Waiver of Pre-deposit - Sponsorship Service - Applicant sponsored the cricket tournament of Indian Premier League(IPL) - Held that - Following the decision in case of Kingfisher Airlines Ltd.(2012 (11) TMI 976 - CESTAT, MUMBAI)that pre-deposit has been waived on same ground. Sponsorship was a sports event and was exempted during the period of dispute. Waived the Pre-deposit and stay granted

Summary

The Appellate Tribunal CESTAT Mumbai waived the pre-deposit of service tax, interest, and penalty amounting to Rs.5,76,80,000/- for the applicant who sponsored the Indian Premier League cricket tournament. This decision was based on a previous stay order in a similar case where sponsorship of a sports event was considered exempt during the disputed period. The appeal was listed for hearing along with a related case.