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of <h1>Tribunal grants stay on recovery pending appeal for service tax demand, interest, and penalty</h1> The Tribunal granted stay of recovery until the appeal is disposed of in the case where the appellant filed stay applications against an order confirming ... Recovery of tax, interest and penalty – waiver of pre-deposit – reference to Tribunal Stay order in the case of Indian School of Business, on identical issue, No. 20771/2014, dated 21-03-2014 – Held that: - the appellant does have a prima facie case for waiver of pre deposit. Therefore, stay of recovery granted till disposal of the appeal – application disposed off – decided against appellant. The appellant filed stay applications against an order confirming service tax demand, interest, and penalty. The appellant cited a Tribunal Stay order in a similar case and argued that their service tax liability was only for a specific period. The Tribunal granted stay of recovery until the appeal is disposed of.
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