9911796707
TMI Blog2007 (8) TMI 423X X X X Extracts X X X X X X X X Extracts X X X X ..... per : S.L. Peeran, Member (J) (Oral)]. The appellant is required to pre-deposit Service Tax of Rs. 1,38,95,128/-and penalties. They were registered under the category of Registrar and Share Transfer Agents from 1-5-2006. However, the Revenue, for the period from 1-7-2003 to 31-1-2004, had worked out Service Tax under the category of Business Auxiliary Services. The appellants contend that th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ultancy Ltd. - 2007 (6) S.T.R. 101(Tri.-Del.) by the Delhi Bench. After examining the services of like nature as in their own case, the Delhi Bench has dismissed the Revenue appeal and upheld the assessees contention that the activity of handling shares would not come under the ambit of Business Auxiliary Services. The learned Counsel submits that the issue is covered in his favour fully and pray ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... judgment in assessees favour. Therefore, we are inclined to allow the stay application and grant full waiver of pre-deposit and stay the recovery till the disposal of the appeal. As the Revenue is high and prima facie the issue is covered, the appeal is to be taken up for out of turn hearing on 9th November, 2007. There shall be no recovery till the disposal of the appeal. (Pronounced and dict ..... X X X X Extracts X X X X X X X X Extracts X X X X
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