2014 (1) TMI 999

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..... s an application for waiver of predeposit of service tax of Rs.2.06 Crores and equal amount of penalty imposed under Rule 15 (2) of the Central Excise Rules, 2004 read with Section 11AC of the Central Excise Act, 1944. 2. At the outset, the ld. Consultant has submitted that out of the total amount of Rs.2.06 Crores, the major portion related to availment of cenvat credit on the invoices which wer .....

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..... ribed under the Cenvat Credit Rules, are followed, it could not possible to verify and examine the use of input services in or in relation to the providing services at the relevant telephone exchanges. 4. Heard both sides and perused the records. We find that for availing cenvat credit when invoices are raised in favour of the Head Office or Circle Office and payments for such services were made .....

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..... eight weeks from today and report compliance on 11.07.2013. On deposit of the said amount, the balance amount of dues adjudged would stand waived and its recovery stayed during pendency of the appeal. Failure to deposit the said amount would result in dismissal of the appeal without further notice. Stay petition is disposed of as above. (Dictated and pronounced in the open Court)
Case laws, D .....

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