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2010 (1) TMI 453

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....ellant. U. Raja Ram for the Respondent. ORDER M.V. Ravindran, Judicial Member - This stay petition is filed for waiver of predeposit of the following amounts:— (i) Service Tax of Rs. 1,63,216; (ii) Interest under section 75 of the Finance Act, 1994; (iii) Penalty of Rs. 200 for every day or at the rate of two per cent of such tax, per month whichever is higher, till the date of....

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....uld have produced the declaration on consignment notes. On the other hand, the learned Counsel appearing for the appellant submits that the issue is settled by series of decisions in favour of the assessee. We find that the matter needs to be examined on merits. We also find that the issue in this case seems to be settled by various decisions of the Tribunal. In view of this position, we set aside....