2015 (10) TMI 2224

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....l) For the Petitioner : Sh. B. L. Narasimhan, Advocate For the Respondent : Ms. Suchitra Sharma, Commissioner (AR) ORDER Per: R. K. Singh: Stay application alongwith appeal has been filed against order-in-original dated 24.01.2014 in terms of which recovery of interest amounting to Rs. 62,54,135/- under Section 75 of the Finance Act, 1994 has been ordered alongwith penalty under Sec....

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....the assessable value and that free supplies of cement and steel in the circumstances amounted to receiving payment towards the impugned service and so service tax became payable with reference to the date of receipt of such free supplies and therefore interest was recoverable. 3. We have considered the contention of both sides. In terms of judgment of Bhayana Builders Pvt. Limited and Others (s....