9911796707
TMI Blog2011 (2) TMI 672X X X X Extracts X X X X X X X X Extracts X X X X ..... hat demand proposed in Show Cause Notice was nearly Rs. 1.5 crores and when the adjudication resulted with the demand of Rs. 1,20,13,215/- towards service tax, the appellant is not entitled to any concession of the amount of Rs. 24.00 lakhs - Stay granted partly. - ST/961/2010 - ST/76/2011(PB) - Dated:- 9-2-2011 - S/Shri D.N. Panda, Mathew John, JJ. REPRESENTED BY : S/Shri Akhil Gupta, Rep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t is also not permissible. 2. Heard both sides and perused the records. 3. We are unable to conceive that option is verbally exercisable or so, by conduct without documentary evidence. When we look into the provisions of law followed by a concurrent obligation of the appellant to continue with the option during the tenure of the contract, we are not able to be satisfied that option to remain i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pellant is not entitled to any concession of the amount of Rs. 24.00 lakhs. 6. To resolve the rivalry submissions of both sides, as an interim measure, we direct the appellant to make pre-deposit of Rs. 30.00 lakhs (Rupees Thirty lakhs) within eight weeks from today and make compliance on 25-4-2001. 7. Subject to compliance to the above order, realisation of the balance demand shall be stayed ..... X X X X Extracts X X X X X X X X Extracts X X X X
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