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2005 (11) TMI 479

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..... DER [Order per : S.L. Peeran, Member, (J)]. - The appellant is seeking waiver of pre-deposit of service tax amounting to ₹ 11,000/- and respective penalties. The appellant is carrying out the activity of Banking and other financial services . They were collecting charges as processing fees for working capital limits. It is the submission of the appellants that the core banking service .....

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..... charges pertaining to processing fees for working capital limit is not mentioned in Rule 8 enumeration, the stay application is allowed unconditionally by granting waiver of pre-deposit of service tax and penalty amounts and staying its recovery till the disposal of the appeal. The appeal to come up for hearing in its turn. (Pronounced and dictated in the open court) - - TaxTMI - TMITax - .....

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