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2015 (2) TMI 97 - AT - Service TaxService tax demand - Pre deposit order - Held that - Considering the gravity of the matter and the taxability of the receipts, appellant is directed to deposit ₹ 40,00,000/- (Rupees Forty lakhs only) in two equal monthly instalments of ₹ 20 lakhs each payable by 25.1.2015 and 25.2.2015 and make compliance on 9.3.2015. Failure to make deposit any of the instalments will render this order vacated and appeal shall stand dismissed. Within a week of deposit, appellant shall produce challan before the learned adjudicating authority to satisfy that this order is carried out. Upon deposit of both the instalments, appellant shall make compliance before Tribunal on 9.3.2015 - Decided partly in favour of assessee.
The Appellate Tribunal CESTAT Chennai directed the appellant to deposit Rs. 40,00,000 in two equal monthly instalments to reduce a service tax dispute. Failure to comply would result in dismissal of the appeal. The appellant must produce challan to prove compliance. Compliance deadline is 9.3.2015.
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