2014 (1) TMI 618

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..... o pay duty on gross amount and not entitled to benefit of exemption under Notification No.12/03. Hence, applicant failed to make out a case for waiver of entire amount of tax along with interest and penalty. Therefore, we direct the applicant to deposit within 6 weeks. Upon such deposit, predeposit of balance tax along with interest and penalty would be waived and recovery thereof stayed during pe .....

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..... Ld. advocate submits that show cause notice issued invoking Rule 5 (1) of the Valuation Rules which is struck down by the Hon'ble Delhi High Court in the case of Intercontinental Consultants & Technocrats Pvt. Ltd. Vs UOI - 2013 (29) STR 9 (Del.). 3. Ld. AR submits that the adjudicating authority as well as the Commissioner (Appeals) proceeded on the basis of applicability of Notification No.12/ .....

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