2013 (11) TMI 302

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....d Onkar Sharma i/by PDS Legal For the Respondent : Mr. J. B. Mishra ORDER PC:- The petitioner has challenged the notice dated 1 October 2013 issued by the Superintendent, Group X, Anti Evasion, Service TaxII, Mumbai (respondent No.2) under Section 87(b) of the Finance Act 1994. By the impugned notice dated 1 October 2013, the respondent No.2 has directed the petitioner bankers viz. Res....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ar as dues payable upto 31 December 2012 is concerned they have already made an application for availing of the benefit of the Service Tax Voluntary Compliance Encouragement Scheme ("Scheme"). Further, under that scheme the petitioner's liability would be to pay only 50% of the outstanding liability by 31 December 2013. It is submitted that the entire amount of Rs.31,96,971 is payable in respect o....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....same is subject to verification by the revenue. 5) We find that the entire basis of the demand for Rs.1.22 crores is on the basis of the statement dated 25 September 2013 made by the petitioner's Director to the respondents. In the above statement while admitting the liability to Rs.1.22 crores the petitioner has also pointed out that they have cenvat credit of Rs.60.40 lacs available. The afor....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....amount thereafter. Therefore, for the present subject to the petitioner's application for settlement under the scheme being accepted, interest of justice would be served if the respondentrevenue are directed to vacate the attachment of the petitioner's bank accounts with respondent Nos.5 to 8 Banks on the petitioner depositing 50% of Rs.16 lacs. 6) At this stage learned Counsel for the responde....