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2007 (1) TMI 631 - CESTAT NEW DELHIExtract: .......posited with the recognized stock exchange where the applicant has registered and is not part of brokerage. In these circumstances, we find, prima facie, the applicant had a strong case in their favour, therefore, pre-deposit of the amount of Service tax and penalties are waived. The stay petition is allowed. (Dictated and pronounced in open Court)
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