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2011 (6) TMI 359

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....a Kumar, Cons. For Respondent: Shri Pramod Kumar, SDR Per: Jyoti Balasundaram: Heard both sides on the application for waiver of pre-deposit of service tax of Rs.19,48,510/- and cess of Rs.38,970/- together with interest - the demands stand confirmed on the assessees herein under Section 65(12) of the Finance Act, 1994 covering Banking and Other Financial Services, on profit earned from the For....