2013 (12) TMI 264

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... g waiver of pre-deposit of Service Tax of Rs.37.57 Lakhs and equal amount of penalty imposed under Section 78 of the Finance Act, 1994. 2. The Ld. Advocate at the outset submitted that the Applicant are operating as a CHA and received taxable value during the relevant period. From the initial demand of Rs.69,57,695/-, the Ld. Commissioner after considering all aspects had reduced it to Rs.37.57 L .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... airly conceded that no stay has been granted against the said Order of Hon'ble Delhi High Court. 4. Heard both sides and perused the record. 5. We find that the Ld. adjudicating authority has confirmed the demand following Rule 5(1) of Service Tax (Determination of Value) Rules, 2006 which has been struck down by the Hon'ble Delhi High Court in the case of Intercontinental Consultants & Technocr .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X