2008 (7) TMI 136 - AT - Service Tax

Construction of Residential Complex service - challenge is against a demand of service tax of over Rs. 3 crores for the period 16-6-2005 to 31-3-2006 and that, towards this demand, an amount of over Rs. 1.7 crores paid by the party has been appropriated - Taking into account the payments already made by the assessee towards the impugned demands, we grant waiver of pre-deposit and stay of recovery in respect of the amounts of interest on tax, penalties and the balance service tax.

Summary

The Appellate Tribunal CESTAT, Chennai granted waiver of pre-deposit and stay of recovery for service tax demands in two appeals related to 'Construction of Residential Complex' service. One appeal involved a demand of over Rs. 3 crores with Rs. 1.7 crores paid, while the other appeal had a demand of over Rs. 99 lakhs with Rs. 40 lakhs paid. The waiver covered interest on tax, penalties, and the remaining service tax.