2011 (12) TMI 403 - AT - Service Tax

Waiver of pre-deposit of service tax on the NSE/BSE transaction charges and Demat charges - Held that - In lieu of decisions of the this Bench in the case of M/s. Navkar Share & Stock Brokers Pvt. Limited (2011 -TMI - 205847 - CESTAT, AHMEDABAD) wherein after granting unconditional stay the Tribunal remitted the matter back to the first appellate authority - allow the stay petitions filed by the assessee and stay recovery thereof, till disposal of appeals.

Summary

The Appellate Tribunal CESTAT, Ahmedabad granted a stay petition for waiver of pre-deposit of service tax of Rs.1,63,697/- and related interest and penalties under Section 76 and 78 of Finance Act, 1994. The Tribunal allowed the stay petitions filed by the assessee until the disposal of appeals.