2009 (6) TMI 389

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.... I have heard both sides on the application for waiver of pre deposit of penalty of Rs. 2,53,041/- for delayed payment of service tax under Section 76 of Chapter V of the Finance Act, 1994 and Rs. 3,000/- for delayed filing of ST-3 returns under provisions of Section 77 of the Finance Act, 1994. 2. The applicants contend that they were under a bona fide belief based on exemption from payment of s....

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....ission agent is restricted to commission agent dealing with agricultural products vide Notification No. 8/2004-S.T., dated 9-7-2004 and Notification No. 6/99-ST., dated 9-4- 1999 providing for exemption when the amount was received in convertible foreign exchange and not repatriated outside India was rescinded by Notification No. 21/2003, dated 20-11-2003. The submission that no notice ought to ha....