2009 (8) TMI 92

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..... ervices as receipts but they have failed to pay service tax on the said amount – held that – assessee contended that contrary to the observations of the Commissioner (Appeals), the practice followed is not adjustment of dues against each other but two are paid/received separately - Whatever is due from the appellants to M/s. Gujarat Adani Port Limited is paid and whatever is receivable is also rec .....

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..... d others and demand for service tax of Rs. 17,85,101/- has been confirmed on the ground that in their balance sheet they had shown the amount for rendering services as receipts but they have failed to pay service tax on the said amount. Penalties have also been imposed under various sections of Finance Act, 1994. 2. Shri Vipul Khandhar, Learned Chartered Accountant on behalf of the appellants .....

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..... attention to Page 14 of the paper book submitted by him during hearing. He submitted that contrary to the observations of the Commissioner (Appeals), the practice followed is not adjustment of dues against each other but two are paid/received separately. Whatever is due from the appellants to M/s. Gujarat Adani Port Limited is paid and whatever is receivable is also received separately and no paym .....

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