2008 (5) TMI 120

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..... led this application for waiver of pre-deposit of penalty of Rs. 1,42,259/-. The Applicant is working as 'Direct Marketing Agent' of ICICI Bank and other banks. The Applicant is receiving commission/incentive from the banks for every loan sanctioned by the bank in case of customers sponsored by the applicant. The service rendered by the applicant is under 'Business Auxiliary Service'. 2. The Cent .....

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..... the submission of the learned Advocate will be looked into at the time of hearing of the appeal. So, the applicant failed to make out a prima facie for waiver of entire amount of penalty. Accordingly, the applicant is directed to deposit Rs. 30,000/- within six weeks from today. Upon deposit of the said amount, pre-deposit of balance penalty is waived till disposal of the appeal. To report compl .....

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