2009 (6) TMI 104

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..... e there from before fixing of the tax liability. - the authorities have imposed the demand of Service Tax to the tune of Rs. 32 lakhs, while service tax liability is around 12 lakhs - prima facie case has been made out for grant of waiver in relation to the demand under the impugned order. Accordingly, bearing in mind, the financial difficulties which could be faced by the appellant as well as rev .....

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..... m. The ld. Advocate for the appellant has drawn our attention to the Trade Circular No.11T of 2007, dated 7-2-2007, explaining as to how the assessment should be finalized in a case where the records are not produced on account of destruction thereof in floods and has submitted that the authorities by ignoring the same has demanded Service Tax. On the other hand, learned DR submits that the annual .....

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..... ancial year 2001- 2002 and that same disclosed income to the tune of Rs. 5,99,00,000/-. At the same time it cannot be disputed that the authorities have not taken into consideration the deductions available there from before fixing of the tax liability. The impugned order on the face of it discloses that during the period from 2002 to 2005, the maximum service tax by the appellant was around Rs. 1 .....

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