2008 (6) TMI 105 - AT - Service Tax

Applicant, a Multi System Operator is receiving service from broadcaster - case of the Revenue is that the tax paid by the cable operators is not available to the applicant as input credit as no service has been received by the applicant from the cable operators - We find that the applicant availed the credit in respect of the Service tax paid by the recipient of the service as input service which is not permissible - Stay petition dismissed

Summary

The Appellate Tribunal CESTAT NEW DELHI ruled against the applicant's request for waiver of pre-deposit of Service tax amounting to Rs. 11,72,309. The demand was confirmed as the credit availed on Service tax paid by cable operators was deemed impermissible. The applicant was directed to deposit the disputed amount within eight weeks. Stay petition was dismissed. Reporting compliance set for 20-8-2008.