2011 (6) TMI 357

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..... eposit of the following amounts:-     (i) Service Tax of Rs.3,55,24,369/-     (ii) Interest under Section 75 of Finance Act, 1944;     (iii) Penalty @ 2% per month u/s 76 of the Act;     (iv) Penalty of Rs.1000/- u/s 77 of the Act; and     (v) Penalty of Rs.3,55,24,369/- u/s 78 of the Act. 2. Heard both sides and peru .....

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..... hat the appellant is contesting the service tax liability on various grounds. At this juncture, we find that an amount of Rs. 3.11 crores along with interest of Rs. 22.37 lakhs deposited by the appellant during the proceedings before the adjudicating authority is enough deposit for the disposal of the appeal. Application for waiver of pre-deposit of the balance amounts involved is allowed and reco .....

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