2014 (5) TMI 575

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.... Jindal 1. Service tax demand of Rs.15,24,015/- was confirmed against the applicant along with interest and equivalent amount of penalty under Section 78 of the Act, under the category of banking and financial services for the period 18/04/2006 to 30/04/2006 under reverse charge mechanism as service recipient. It is further submitted that for the period prior to 01/05/2006 although the demand h....