2015 (10) TMI 2152

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..... Chetia, Advocate For the Respondent : Shri A. Roy, Supdt.(AR) ORDER Per Dr. D.M. Misra. 1. Heard both sides. 2. This is an application seeking waiver of pre-deposit of penalty of Rs. 2.89 Crores imposed under Section 78 and penalty of Rs. 5,000/- under Section 77 of the Finance Act, 1994. 3. At the outset Shri Suman Chetia, ld.Adv. had informed that the entire amount of Service Tax of Rs. 2. .....

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..... f evidences placed and considered by the adjudicating authority. At this stage the offer to deposit Rs. 5.00 Lakhs seems to be reasonable, accordingly, the Applicant is directed to deposit Rs. 5.00 (five) lakhs within a period of 8(eight) weeks from today and on deposit of the said amount, balance dues adjudged would stand waived and its recovery stayed during the pendency of the Appeal. Complianc .....

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