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TMI Blog2008 (8) TMI 87X X X X Extracts X X X X X X X X Extracts X X X X ..... at all since GWSSB is not a commercial concern and therefore, their activity is not liable to tax at all. He also submits that the financial position of the company is not very sound – Stay not granted completely - ST/79 of 2008 - S/776/WZB (AHD.) of 2008 - Dated:- 6-8-2008 - ARCHANA WADHWA, MEMBER (J) and B.S.V. MURTHY, MEMBER (T) Rahul Patel for the Appellant. S.R. Prasad for the Res ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... alty, interest and penalty under section 76 of Finance Act, 1994. 3. Shri Rahul Patel on behalf of the appellants submits that their activity is not liable to service tax at all since GWSSB is not a commercial concern and therefore, their activity is not liable to tax at all. He also submits that the financial position of the company is not very sound and they had only a marginal profit in the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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