2008 (12) TMI 644 - AT - Service Tax

Summary

The applicant, a proprietorship firm in the business of "Rent-a-Cab operator," filed for waiver of pre-deposit of penalty. The Deputy Commissioner confirmed tax demand of Rs. 7,50,447.00 along with penalties under various sections. The Commissioner revised the order, increasing penalties. The applicant had already paid tax with interest and the penalty imposed by the Original Authority. The appellate tribunal waived the balance amount of penalty until the appeal is disposed of. Stay application is allowed.