2008 (2) TMI 304

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..... ppellants (PSU) to contest the duty liability but has given permission to contest the penalty - Prima facie, they have a strong case for non-levy of penalty - stay application is allowed - ST/55/2006 - 193/2008 - Dated:- 28-2-2008 - Dr. S.L. Peeran, Member (J) and Shri T.K. Jayaraman, Member (T) Mrs. H. Vani, Adoocate, for the Appellant. Shri K. Sambi Reddi, JDR, for the Respondent. .....

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..... The learned Counsel reiterates the submission and files copies of the Order-in-Original No. 7/2007-Commr. dated 2-3-2007 passed by the Commissioner of Large Tax Payers' Unit, Bangalore in respect of Vijaya Bank. 4. The learned JDR submits that as the tax liability has been paid, therefore, penalty follows in this case. 5. We have carefully considered the submissions. The Committee of Secre .....

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