2014 (8) TMI 585

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....e Appellant. Shri P.R. Meena, AR, for the Respondent. ORDER This stay petition is filed for the waiver of pre-deposit of an amount of service tax of Rs. 93,428/-, interest thereof and equivalent amount of penalty. 2. The abovesaid amounts have been confirmed by the first appellate authority in an appeal filed by the Revenue against the order of the adjudicating authority who had d....

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....llant as banking and financial services on reverse charge mechanism. It is his submission that in an identical issue, this Bench in the case of Ascent Fine-Chem Ltd. - 2012-TIOL-980-CESTAT-AHM has granted an unconditional stay. 5. On perusal of the records and after hearing the submissions made by both sides, we find that the issue involved in this case is regarding the service tax liabili....