2013 (4) TMI 20

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....r M. Veeraiyan: Heard both sides on the stay petition. 2. The appellant is in the business of sale of space and time for advertisement and they entered into an agreement on 14/01/2007 with M/s. Integrid Media Pvt. Ltd. for outsourcing sale of such advertisement slots. In this regard, they paid an amount of Rs.1.25 crores as commitment fee and a sum of Rs.1.56 crores as advance. However, by t....

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....services rendered and demanded service tax amounting to Rs.35,71,428/- along with interest and imposed penalties under Section 77 & 78 on the appellant. 4. The learned consultant for the appellant submits that no services were rendered in pursuance of the agreement dt. 14/01/2007 in view of the judgment of the Hon'ble High Court of Andhra Pradesh and subsequently the amount deposited was conver....