2008 (8) TMI 775

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..... is application for waiver of pre-deposit of tax of Rs. 1,58,549/- and penalty of Rs. 2,500/-. The issue involved in this case is as to whether the Credit of Service Tax paid on clearing agency services is admissible to the Applicant as input service in terms of Cenvat Credit Rules, 2004. 2. Ld. Advocate submits that the clearing agency service is related to the business activities and eligible f .....

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