2014 (2) TMI 614

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ion is filed for the waiver of pre-deposit of service tax of Rs.54,10,716/- along with equivalent amount of penalty. 2. On perusal of the Stay Petition and after hearing both sides, we find that the issue involved in this case is regarding the Service Tax liability on renting of immovable property which was disputed by the retailers association in various forums and is before Hon'ble Apex Court i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Accordingly, respectfully following the same, we allow the stay petition filed by the appellant only on the ground that the appellant's group company viz. M/s Future Value Retail and M/s Pantaloon Retail (India) Ltd has deposited the amount as directed by the Hon'ble Apex Court and also executed surety bond to the departmental authority. 5. Accordingly, the stay petition is allowed and recovery .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X