2013 (10) TMI 1112

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..... .N. Joshi, Astt.Commissioner (A.R.) JUDGEMENT Per: M.V. Ravindran; This Stay Petition is filed for waiver of pre-deposit of an amount of Rs.1,71,963/- confirmed as Service Tax liability, interest thereof and penalties imposed under Sections 76, 77 & 78 of Finance Act, 1994. The said amounts have been confirmed by lower authorities as dues on the ground that the appellant has received an amount .....

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..... rima facie, loans cannot be considered as amount received as an advance and taxable under the provisions of Finance Act, 1994. The appellant's, have made out a prima facie case for waiver of the pre-deposit of amounts involved. Accordingly, the application for waiver of pre-deposit of amounts involved is allowed and recovery thereof stayed till the disposal of appeal. (Dictated & Pronounced in C .....

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