2013 (10) TMI 959

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..... Per DR.D.M. MISRA; The present application seeks waiver of pre-deposit of Service Tax of Rs.1,50,119/- and equivalent amount of penalty imposed under Section 78 of the Finance Act, 1994 and penalty of Rs.1,000/- under Section 77 of the Finance Act, 1994. 2. The Ld. Consultant at the outset, submitted that the services relate to Royalty and Technical knowhow and Intellectual Property services fo .....

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..... We find that the applicant has deposited an amount of Rs.67,116/- which includes Service Tax and interest against the total liability of Rs.1.50 Lakhs. We feel the amount deposited is sufficient for hearing of the appeal. In these circumstances, pre-deposit of balance dues adjudged is waived and its recovery stayed during the pendency of the appeal. S.P. allowed. (Dictated and pronounced in the o .....

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