https://www.taxtmi.com/caselaws?id=275112 The Supreme Court granted leave for a stay of arrears of service tax under sections 65 and 66 of the Finance Act, 1994. The appellant was directed to deposit 50% of the arrears in three instalments and provide a solvent surety for the remaining 50%. An affidavit undertaking to pay the balance was required within four weeks. Failure to comply would result in vacation of the stay order. The Court clarified that there was no stay on future liability towards service tax from 1st October, 2011. Non-compliance with depositing instalments would lead to vacation of the stay order. en-us Fri, 16 Dec 2011 00:00:00 +0530 Wed, 19 Sep 2018 11:07:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275112 The Supreme Court granted leave for a stay of arrears of service tax under sections 65 and 66 of the Finance Act, 1994. The appellant was directed to deposit 50% of the arrears in three instalments and provide a solvent surety for the remaining 50%. An affidavit undertaking to pay the balance was required within four weeks. Failure to comply would result in vacation of the stay order. The Court clarified that there was no stay on future liability towards service tax from 1st October, 2011. Non-compliance with depositing instalments would lead to vacation of the stay order. Case-Laws Service Tax Fri, 16 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275112