https://www.taxtmi.com/caselaws?id=279599 The petitioners sought withdrawal of a bank account freezing letter and permission to pay admitted service tax liability by instalments. Relief under the departmental circular was conditional on proof of financial distress, but no satisfactory material, including a complete balance sheet, was produced to establish such distress, and no security was furnished for the admitted amount. The Court held that releasing the freezing order would risk dissipation of funds and that the balance of convenience did not justify interim interference. The request for withdrawal of the freezing letter and instalment relief was therefore rejected. en-us Thu, 20 Dec 2018 00:00:00 +0530 Wed, 27 Mar 2019 06:02:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279599 The petitioners sought withdrawal of a bank account freezing letter and permission to pay admitted service tax liability by instalments. Relief under the departmental circular was conditional on proof of financial distress, but no satisfactory material, including a complete balance sheet, was produced to establish such distress, and no security was furnished for the admitted amount. The Court held that releasing the freezing order would risk dissipation of funds and that the balance of convenience did not justify interim interference. The request for withdrawal of the freezing letter and instalment relief was therefore rejected. Case-Laws Service Tax Thu, 20 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279599