2014 (12) TMI 1206 - AT - Service Tax

Waiver of pre-deposit - Renting of Immovable Property - Following the judicial discipline and consistency, as directed in previous cases of municipal corporations and also keeping in view the principle laid down by the Apex court, this appellant is directed to make a further deposit of ₹ 40,00,000/- (Rupees forty lakhs only), subject to verification of ₹ 51 lakhs said to have been deposited - stay granted partly.

Summary

The Appellate Tribunal CESTAT CHENNAI directed the appellant to make a further deposit of Rs. 40,00,000 within 8 weeks, subject to verification of Rs. 51 lakhs already deposited. Compliance needed by 10.3.2015. Waiver of predeposit and stay of recovery of balance demand during appeal if directions followed.