2008 (12) TMI 364

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....he Appellant. Smt. Joy Kumari Chander, JCDR, for the Respondent. [Order per: M.V. Ravindran, Member (J) (oral)]. - This stay application is directed against the waiver of pre-deposit of the amounts involved as under:- (i) An amount of Rs. 90,47,811/- towards Service Tax under proviso to Sub-section (1) of Section 73 of the Finance Act, 1944; (ii) Interest under Section 75 on the above ....

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.... the applicant from their customers. It is his submission that the arrears of the dues from the customers were collected by the applicant during the period February 2005 to February 2006 to the tune of Rs. 125 crores. It is his submission that after allowing the exemptions, which are available to them, the net balance on which tax is payable, comes to Rs. 103.78 crores. He would submit that they h....

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....applicant is liable to pay the Service Tax, they should be put to a condition that they should pay interest on such amount. 5. On a careful consideration of the entire issue, we find that the issue of taxability of the Service Tax on various items needs to be gone into in detail. At this stay stage, we are unable to go into the details, as voluminous records need to be gone into. We find that o....