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2014 (1) TMI 312

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Full Text of the Document

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....d this application for waiver of pre-deposit of service tax of Rs. 1,74,64,742/-, interest and penalties. The applicant had already paid an amount of Rs.1,29,47,131/. The demand is confirmed on reverse charge mechanism on the ground that the applicants availed external commercial borrowings facility from M/s. International Finance Corporation. M/s. Lehman Brothers and M/s. Union Bank of Switzerlan....

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