https://www.taxtmi.com/caselaws?id=76028 The Tribunal granted the bank's request for a waiver of pre-deposit and stay of recovery of the adjudged service tax demand, interest, and penalties. It found that the bank had a strong prima facie case against the demand, citing the Supreme Court's judgment in a related case. The Tribunal determined that the bank, being financially stable, did not pose a risk to revenue if the demands were upheld, leading to the waiver and stay of recovery pending the appeal decision. en-us Thu, 24 Sep 2009 00:00:00 +0530 Fri, 23 Jul 2010 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76028 The Tribunal granted the bank's request for a waiver of pre-deposit and stay of recovery of the adjudged service tax demand, interest, and penalties. It found that the bank had a strong prima facie case against the demand, citing the Supreme Court's judgment in a related case. The Tribunal determined that the bank, being financially stable, did not pose a risk to revenue if the demands were upheld, leading to the waiver and stay of recovery pending the appeal decision. Case-Laws Service Tax Thu, 24 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76028