TMI Blog2013 (11) TMI 352X X X X Extracts X X X X X X X X Extracts X X X X ..... NT Per : Mr. M.V. Ravindaran; These stay petitions are filed for the waiver of pre-deposit of an amount of Rs. 2,64,86,650/- confirmed as service tax, interest thereof and equivalent amount of penalty imposed under section 78 and penalties of Rs. 10 Lakh each on all the three units under Section 77 of the Finance Act, 1994. 2. Learned Chartered Accountant appearing on behalf of the appellant su ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rits. As the appellant is contesting the issue on merits, we consider the amount deposited by the appellant as enough deposit to hear and dispose the appeals. Accordingly, the applications for the waiver of pre-deposit of the balance amounts involved are allowed and recovery thereof stayed till the disposal of appeals.
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