2014 (1) TMI 312

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..... Act, 1958, the duties and taxes are exempted. In view of this, we find that the amount already deposited is sufficient for hearing of the appeal. Pre-deposit of the remaining dues is waived and recovery of the same is stayed during the pendency of the appeal - Stay granted.
S S Kang And P K Jain, JJ. For the Appellant : Mr D H Nadkarni, Adv. For the Respondent : Mr V K Agarwal, Additional Co .....

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..... mpted from duties and taxes. The contention is that as the services are provided by International Finance Corporation and the same were exempted, therefore the applicants are not held to be liable to pay service tax on reverse charge mechanism. In respect of the remaining dues, the contention is that the applicants had already paid an amount of Rs.1,29,47,131/-. The applicants also relied upon the .....

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