2008 (3) TMI 242 - AT - Service Tax

Appellants are required to pre-deposit penalty - allegation against the appellants are that they have utilized the services of foreign consultants for getting Food Drugs Authority (FDA) approval to sell their products in American markets and also the services relating to patent approval in USA the U.S. Patent Act - appellants have deposited the Service Tax, penalty and interest under protest, therefore, the stay application is rejected as infructuous

Summary

The Appellate Tribunal CESTAT Bangalore required the appellants to pre-deposit a penalty amount of Rs. 4,33,309/- along with penalties under Section 76 and Section 77. The appellants had already deposited the Service Tax and interest before the show cause notice. The stay application was rejected as the full amount had been deposited under protest.