TMI Blog2013 (10) TMI 638X X X X Extracts X X X X X X X X Extracts X X X X ..... URTHY; During the period from April to September 2010, the appellant defaulted in paying service tax of more than Rs 1.68 crores (approximately). The department commenced proceedings by issue of show-cause notice on 15/02/2011. The service tax amount was paid on various dates and by 14/10/2011, the appellant paid the entire amount of service tax due. Interest of Rs. 25,40,449/- was paid by 1/11/2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ney and only after issue of show-cause notice, they paid the amounts, no leniency is warranted. 4. We have considered the submissions made by both the sides. Ongoing through the Annual Report submitted by the appellant, we find that the appellant has made huge losses as claimed. Moreover, we also find that there are lot of dues from the customers to the appellant. Under these circumstances, some ..... X X X X Extracts X X X X X X X X Extracts X X X X
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