https://www.taxtmi.com/caselaws?id=77460 The Tribunal held in the case that the appellants were entitled to waiver of pre-deposit under Notification No. 32/2004-S.T., as the consolidated declaration filed by the GTAs sufficed to meet the notification's requirements. The Tribunal disagreed with the Commissioner's interpretation that specific consignment notes were necessary, stating that the CBEC Circular did not establish such a condition. Consequently, the Tribunal ordered waiver of pre-deposit and stay of recovery pending appeal, impacting penalties imposed under Section 76 and Section 78 of the Finance Act, 1994 as well. en-us Mon, 22 Mar 2010 00:00:00 +0530 Fri, 17 Sep 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77460 The Tribunal held in the case that the appellants were entitled to waiver of pre-deposit under Notification No. 32/2004-S.T., as the consolidated declaration filed by the GTAs sufficed to meet the notification's requirements. The Tribunal disagreed with the Commissioner's interpretation that specific consignment notes were necessary, stating that the CBEC Circular did not establish such a condition. Consequently, the Tribunal ordered waiver of pre-deposit and stay of recovery pending appeal, impacting penalties imposed under Section 76 and Section 78 of the Finance Act, 1994 as well. Case-Laws Service Tax Mon, 22 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77460