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of <h1>Delhi HC Grants Exemption, Stays Service Tax Demand</h1> <h3>MAX LIFE INSURANCE COMPANY LTD. Versus COMMISSIONER OF CENTRAL EXCISE & SERVICE TAX.</h3> The Delhi HC granted exemption with exceptions in the case citation 2015 (4) TMI 1223. The court issued a notice for specific directions, stayed the ... Issue notice relating to direction no. (ii) and direction no. (viii) to the extent it relates to direction no. (ii) of the impugned order dated 29.01.2015 - Renotify on 07.09.2015. In the meanwhile, there shall be stay of demand of the amount by way of service tax amounting to ₹ 100,05,78,705/- and the equivalent amount of penalty which form the subject matter. The Delhi High Court granted exemption subject to exceptions in case citation 2015 (4) TMI 1223. Notice was issued for specific directions in the impugned order dated 29.01.2015, with a stay on the demand of service tax amounting to Rs. 100,05,78,705/- and related penalty. Counter affidavit to be filed within four weeks.
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