https://www.taxtmi.com/caselaws?id=210 The Applicants sought waiver of pre-deposit of Service Tax and penalty under the Finance Act, 1994, totaling Rs. 1,27,72,825/- and Rs. 2,55,50,010/-, respectively. The dispute revolved around the interpretation of taxable service for PCO subscribers. The Applicants argued for taxation based on the gross total amount received, citing a Board's Circular. The Revenue contended that PCO subscribers were liable for service tax on total amounts collected. Considering the Circular, the Applicants' position was favored, leading to the waiver of duty and penalty. The Revenue's improper recovery during the stay application was noted, entitling the Applicants to interest. The matter was adjourned for further proceedings. en-us Fri, 31 Dec 2004 00:00:00 +0530 Tue, 01 Jul 2008 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210 The Applicants sought waiver of pre-deposit of Service Tax and penalty under the Finance Act, 1994, totaling Rs. 1,27,72,825/- and Rs. 2,55,50,010/-, respectively. The dispute revolved around the interpretation of taxable service for PCO subscribers. The Applicants argued for taxation based on the gross total amount received, citing a Board's Circular. The Revenue contended that PCO subscribers were liable for service tax on total amounts collected. Considering the Circular, the Applicants' position was favored, leading to the waiver of duty and penalty. The Revenue's improper recovery during the stay application was noted, entitling the Applicants to interest. The matter was adjourned for further proceedings. Case-Laws Service Tax Fri, 31 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210