https://www.taxtmi.com/caselaws?id=236827 The Court modified the Customs, Excise & Service Tax Appellate Tribunal's order, reducing the pre-deposit amount from Rs.89 lakhs to Rs.45 lakhs for an appellant challenging tax recovery. The appellant, a freight forwarding agency, disputed liability for service tax on cargo space trading. Despite a tax demand of Rs.2.75 crores, the Court found the reduced pre-deposit reasonable, considering a similar Chennai case. An extension was granted for deposit due to liquidity issues, allowing the appellant to stay recovery pending further proceedings. en-us Tue, 03 Sep 2013 00:00:00 +0530 Fri, 12 Sep 2014 17:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236827 The Court modified the Customs, Excise & Service Tax Appellate Tribunal's order, reducing the pre-deposit amount from Rs.89 lakhs to Rs.45 lakhs for an appellant challenging tax recovery. The appellant, a freight forwarding agency, disputed liability for service tax on cargo space trading. Despite a tax demand of Rs.2.75 crores, the Court found the reduced pre-deposit reasonable, considering a similar Chennai case. An extension was granted for deposit due to liquidity issues, allowing the appellant to stay recovery pending further proceedings. Case-Laws Service Tax Tue, 03 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236827