https://www.taxtmi.com/caselaws?id=237735 The Tribunal granted total waiver of duty and penalty, allowing the applicants' request to waive predeposit of service tax and penalties amounting to Rs.37.61 lakhs under the Finance Act, 1994. The Tribunal found the issue prima facie covered by precedents, including Sonic Watches Ltd. and Rathour Engg. Works, and held in favor of the applicants. Consequently, the recovery was stayed during the appeal process, and the applicants were not required to make the predeposit. en-us Wed, 04 Sep 2013 00:00:00 +0530 Mon, 20 Feb 2017 10:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237735 The Tribunal granted total waiver of duty and penalty, allowing the applicants' request to waive predeposit of service tax and penalties amounting to Rs.37.61 lakhs under the Finance Act, 1994. The Tribunal found the issue prima facie covered by precedents, including Sonic Watches Ltd. and Rathour Engg. Works, and held in favor of the applicants. Consequently, the recovery was stayed during the appeal process, and the applicants were not required to make the predeposit. Case-Laws Service Tax Wed, 04 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237735