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2009 (1) TMI 740

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..... the Respondent. ORDER In terms of the impugned order, the appellant is required to pre-deposit Service Tax amount of Rs. 42,98,625/- for the period from 2001-02 to 2005-06. The following penalties have been demanded :- (i) Rs. 64,00,000/- under Section 78 of the Finance Act. (ii) Rs. 200/- per day under Section 76 of the Act. (iii) Rs. 1000/- under Section 77 of the Act. 2. The learned Advo .....

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..... 7,047,186 2,309,247 199,326 2005-06 16,635,617 3,668,980 1,740,406 10,630,661 1,024,231 51,372,856 18,313,712 16,594,066 15,869,508 1,393,651 Add Interest payable 184,994 Service Tax & Interest payable 1,578,644 Less : Service Tax paid 18 Mar. 06 515,573 03 Apr. 06 1,086,555 1,602,128" It is seen from the statement that an amount of Rs. 5,13,72,856/- has been gross receip .....

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..... Hence we order full waiver of balance amount of service tax/interest/penalties demanded in the matter. The stay application is allowed. There shall be no recovery of the amount till the disposal of the appeal, even after the expiry of 180 days from the date of this order in terms of the Apex Court judgment rendered in the case of CC & CE, Ahmedabad v. Kumar Cotton Mills (P) Ltd. [2005 (180) E.L.T. .....

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