TMI Blog2013 (12) TMI 500X X X X Extracts X X X X X X X X Extracts X X X X ..... s bank account upon the petitioner furnishing the bank guarantee - It will be open to the United Bank of India, Dahisar (W) Branch to utilise the amount lying in the petitioner's account for the purposes of giving the bank guarantee as required by the petitioner - It will be open to the petitioner to give the bank guarantee of United Bank of India or any other Nationalized Bank. The bank guarantee ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y Commissioner of Service Tax, MumbaiII to the Branch Manager of United Bank of India, Dahisar (W), Branch, Mumbai. The letter mentions that the petitioner has defaulted in payment of Service Tax liability to the tune of Rs.88.10 lakhs and that the amount of Service Tax has been collected by the petitioner from its clients but not deposited with the Government. 3. According to the petitioner, th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... .1,23,68,420/+ Rs.63,65,648/). It is, therefore, submitted that the petitioner still owes the revenue the differential amount of Rs.54,83,571/and, therefore, the department is justified in freezing the petitioner's bank account. 6. The learned counsel for the petitioner submits, without prejudice to the petitioner's rights and contentions, that as the petitioner's business has been completely pa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Commissioner of Service Tax, Mumbai. Since the petitioner is going to furnish the bank guarantee, it will be just and proper for the respondents to issue a show cause notice to the petitioner by 28 February 2014 and to complete the adjudication proceedings as expeditiously as possible and preferably by 30 June 2014. The petition is accordingly disposed of. - - TaxTMI - TMITax - Servic ..... X X X X Extracts X X X X X X X X Extracts X X X X
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