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2014 (5) TMI 985 - HC - Service TaxWaiver of pre deposit - tribunal ordered pre-deposit of interest amount - Held that:- Tribunal while deciding the issue regarding the pre-deposit had noticed that there was a prima facie case though not a strong prima facie case and after delving into the issue had waived the pre-deposit and stayed all further proceedings for realization of the adjudicated liability in terms of the impugned order but the element of interest which was consequential to the adjudicated liability was ordered to be paid on the service tax assessed. Once the realization of the principal liability was stayed and condition of pre-deposit was waived off, it would not be proper to direct that the entire interest component on the service tax assessed be deposited as a condition precedent for hearing of the appeal - order of tribunal modified - stay granted.
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