2014 (5) TMI 140

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.....) JUDGEMENT Per DR. I.P. LAL This is an application filed seeking waiver of pre-deposit of Rs.2,57,930/-, interest (not quantified) and penalty of Rs.2,57,930/- imposed on the applicant. 2. The Ld. Chartered Accountant appearing for the applicant has submitted that the dispute in the present case relates to non-payment of service tax on GTA under the reverse charge mechanism for the p....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Rs.83,47,227/- booked in the books of accounts of the applicant is part of the provision amount of Rs.1,31,12,495/- provided in the books at the close of the Financial year 2008-2009. Further, the said provision amount of Rs.1,31,12,495/- falls under the liability for the other expenses amounting to Rs.16,84,51,332.01 as disclosed in the Schedule-II as current liability of the balance sheet as on ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ht' expenses by the applicant on the reverse charge mechanism. It is the case of the applicant that the during the relevant period the amount incurred towards freight reflected in the Service Tax Return and the balance sheet do not tally for the reasons that the mismatch was only on account of that the amount reflected in their balance sheet shows the liability while as they had made the payment a....