2008 (10) TMI 45

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..... taken into consideration – petitioner may not be liable to pay service tax - since petitioner has agreed to give bank guarantee of the amount of Rs.50 lacs, tribunal is directed to dispose the appeal on submission of bank guarantee of 50 lacs - 6023 of 2008 - - - Dated:- 1-10-2008 - D.K. Deshmukh and S.A. Bobde, JJ. S/Shri V. Sridharan with J.H. Motwani and Jai Sanghavi i/b. PDS Legal, for .....

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..... earned Counsel appearing for respondents, in our opinion, the following order would meet the ends of justice:- (i) The order dated 23.7.2008 which is impugned in the petition is modified to the following extent:- (ii) On the petitioner submitting bank guarantee in the amount of Rs.50 lakhs of a nationalised bank to the satisfaction of the Commissioner-respondent no.2, the Tribunal shall hear t .....

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