2010 (2) TMI 632

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...., F.C.A., for the Appellant. Shri R.K. Chakraborty, SDR, for the Respondent. [Order per : S.S. Kang, Vice-President]. - Heard both sides. 2. Applicant filed this Application for waiver of pre-deposit of amount of Service tax of Rs. 1,20,39,198/- (Rupees One Crore Twenty Lakhs Thirty Nine Thousand One Hundred and Ninety Eight only) and penalties. The credit was denied on the ground....

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....n as input service distributor and waited for 7(seven) days for registration and thereafter issued invoices in respect of the distribution of Service tax. It was only on30-8-2005the registration was approved without raising any objection. The contention is also that there is no dispute regarding the eligibility of credit. Hence the demand is not sustainable. 4. Contention of Revenue is that as ....