2013 (11) TMI 46

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....; This Stay Petition is filed for waiver of Service Tax of Rs.41,72,401/-, interest thereof and equal amount of penalty. 2. Heard both sides and perused the records. 3. After giving anxious consideration to the submissions made by both sides and perusal of the records, we find that the liability has arisen on the appellant on the ground that he has availed in-eligible CENVAT Credit of Ser....

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....in the case in hand. We find that since the issue needs deeper consideration, the appellant should be put to some condition to hear and dispose the appeal. 4. Accordingly, since the issue involved is arguable one, we direct the appellant to deposit an amount of Rs.10 lakhs (Rupees Ten lakhs only) within a period of four weeks from today and report compliance on 05.08.2013 before Deputy Registra....