2012 (6) TMI 192

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....: Shri Rajendra Nagar, AR   Per : Mr. M.V. Ravindran;   This stay application is filed for the waiver of pre-deposit of an amount of Rs. 41,834/- towards service tax with equivalent amount of penalty.   2. The above said amount has been confirmed by the adjudicating authority and upheld by the first appellate authority on the ground that the appellant has received the amount as c....

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....ank of Baroda regarding receipt of payment from Danske Bank, Denmark of US$ 12,500. The said dollars have been converted and credited in the appellant s account in Indian currency. It is also to be noted that the evidence of payments were produced before the first appellate authority but the same have not been considered by the first appellate authority in a proper perspective. If the amount is re....