2008 (12) TMI 639

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..... d both sides on the application for waiver of predeposit of service tax of Rs. 10,78,364/- together with interest and penalty. The service tax has been confirmed on franchise services provided by the applicants during the period from 1-7-2003 to 15-6-2005 under the proviso to Section 73(1) of the Finance Act, 1994. The contention of the applicants is that out of the four conditions stipulated in t .....

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..... service tax within eight weeks from today and on such deposit the predeposit of the balance amount of tax, interest and penalty are dispensed with and recovery stayed thereof till the final disposal of the appeal. Failure to comply with the above direction shall result in vacation of stay and dismissal of appeal without prior notice. 2. Compliance to be reported on 5-3-2009. (Dictated and pron .....

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