Customs, Excise and Gold Tribunal – Delhi
Kamal Auto Finance Ltd. vs Cce on 23 February, 2007
Equivalent citations: 2007 9 STT 221
Bench: S Kang, Vice
ORDER
S.S. Kang, Vice President
1. The applicant filed this application for waiver of pre-deposit of penalty of Rs. 48,800/-. The applicants were registered with the Revenue authorities and were paying service tax. The rate of tax was increased from May, 2003 and the applicants were paying the service tax at the old rate. When the revenue pointed out, they paid the service tax.
2. The applicants have a strong case for waiver of pre-deposit of penalty. The pre-deposit of amount of penalty is waived for hearing the appeal. The stay petition is allowed.
(Order dictated and pronounced in the Open Court)