2009 (2) TMI 177

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..... er T.K. Jayaraman, Member (T)] - In terms of the impugned order, the appellant is required to pre-deposit the following amounts:- (i) Service Tax Rs. 13,44,083/- (ii) Interest under Section 75 of the Finance Act (iii) Penalty @ Rs. 100/- per day under Section 76 of the Act (iv) Penalty Rs. 16,82,771/- under Section 78 of the Act. 2. We have heard both the sides in the matter. 3. The learned .....

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..... In the present case, the period involved is from 16-8-2002 to 30-9-2006. Our attention was invited to this Bench stay order No. 973/2008 dated 22-9-2008 [2009 (15) S.T.R. 244 (Tribunal)] in an identical issue in the case of M/s. Canara Bank. In the said decision, the stay has been granted. Prima facie, the appellant has strong case on merits. The learned SDR contended that according to the Departm .....

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