Service Tax – On-going Works Contract as on 01.06.2007 – Prima facie case alone is not sufficient for granting stay – Tribunal to follow principles for granting stay

Bench enumerated the following principles to be kept in mind while considering the applications for stay or waiver of pre- deposit under Section 35F of the Act.

1) The applications for stay should not be disposed of in a routine manner unmindful of the consequences flowing from the order requiring the assessee to deposit full or part of the demand;

2) Three aspects to be focused while dealing with the applications for dispensing of pre-

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