2008 (8) TMI 201

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..... the Department on 31-5.2007, before issue of show-cause notice - Considering the fact that the appellants have paid the service tax amount of Rs. 67,62,355 promptly before the issue of SCN, pre-deposit is waived and stay granted for recovery of the remaining dues - S/125 of 2008 - 719 of 2008 - Dated:- 8-8-2008 - P. G. CHACKO, JUDICIAL MEMBER and P. KARTHIKEYAN, TECHNICAL MEMBER M. S. Naga .....

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..... partment on 31-5.2007, before issue of show-cause notice. After due process of law, the impugned order was passed wherein the Commissioner demanded service tax of Rs. 67,62,355 towards the loan arrangement fee paid by M/s. JSW Steel Ltd. to ICICI Bank. This amount was appropriated by the Commissioner as per the impugned order. The appellants are liable to pay penalties imposed by the Commissioner .....

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