2014 (3) TMI 604

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....bmitted that the Applicant are engaged in providing construction services during the relevant period from 2004-05 to 2007-08. The ld. Chartered Accountant further submitted that the confirmed demand was raised on them on the ground that even though during the said period, they had rendered taxable services, no service tax was paid by them. Assailing the confirmed demand, the ld. Chartered Accountant has submitted that out of the said demand, around Rs.38.00 lakh has been marred with errors comprising of calculation mistake, inclusion of non-taxable value like receipts from LIC, refund from income tax, loan through Director, receipt from fixed deposit, cash deposit etc. It is his submission that wrong inclusion of the said receipt in taxable....

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....oods and services 01.06.2007 was taxable only from 01.06.2007 but not earlier thereto, could be vivisected, and the matter was referred to a Five Member Bench. It is his submission that since the issue itself is not settled, therefore even the amount of Rs.42.00 lakh may not be required to be paid by the Applicant. He has submitted that the Applicant Company has been facing severe financial crisis, as there is huge outstanding to the extent of Rs.2.85 crore and any direction for pre-deposit would cause undue hardship to them. However, he has made an offer to deposit Rs.20.00 lakh and prayed to adjust the amount of Rs.6.00 lakh (Rupees Six Lakh) already paid to the Department. 3. Heard the ld. AR for the Revenue. While reiterating the fin....