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2012 (12) TMI 996 - CESTAT CHENNAIWaiver and stay of penalty - consideration received in the form of land by the assessee from the service recipients (land owners) - whether twin houses and villas are also to be considered as a residential complex in view of the expression building or buildings used in the definition of residential complex? Held that: - the appellant, indeed, paid service tax in respect of 62 houses (22 villas and 40 twin houses) constructed in the same premises. Those villas and twin houses were also constructed and given to individual buyers. However, the aforesaid issue is relevant to the said houses also. As the appellant paid service tax in respect of those constructions, we shudder to think how they can resist the present demand on merits - we are inclined to ask for a reasonable amount of predeposit from the appellants - there shall be waiver and stay in respect of the penalty imposed on the appellants on compliance - appeal disposed off - decided partly in favor of appellants.
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