9911796707
TMI Blog2014 (1) TMI 1001X X X X Extracts X X X X X X X X Extracts X X X X ..... called out, we find that the stay petitions are filed for the waiver of pre-deposit of the service tax liability confirmed, interest thereof and penalties under various sections on the main appellant as well as individual penalties on the two employees of the company. 2. Heard both sides and perused the records. 3. It transpires from the record that the main appellant M/s. Cops Protections Pvt. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lected the amount of service tax liability which they have indicated on the invoices from their clients. In our view, it becomes appellant bounded duty to deposit such amounts which have been collected as service tax from their clients in the government treasury. We do not find any reason for granting a waiver of pre-deposit of such amounts collected by the appellant and not deposited in the gover ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt is also required to discharge interest on the amount collected and kept with him. In view of this, as regards the amount deposited, we consider it as deposit towards the interest and the penalty imposed on the appellant company. 6. Accordingly, in view of the foregoing, the said stay petition filed by the main appellant M/s. Cops Protections Pvt. Ltd. is allowed to the extent that subject to t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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