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    <title>2012 (7) TMI 899 - CESTAT MUMBAI</title>
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    <description>The Appellate Tribunal CESTAT Mumbai upheld a service tax assessment of Rs. 1,47,18,765 against the applicant for banking charges paid to foreign bankers during specific periods. The Tribunal exempted the applicant from making a pre-deposit of the entire amount pending the appeal, citing a precedent set in a case involving Reliance Industries Ltd.</description>
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      <description>The Appellate Tribunal CESTAT Mumbai upheld a service tax assessment of Rs. 1,47,18,765 against the applicant for banking charges paid to foreign bankers during specific periods. The Tribunal exempted the applicant from making a pre-deposit of the entire amount pending the appeal, citing a precedent set in a case involving Reliance Industries Ltd.</description>
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