in

original

No

14/Commissioner/ Service Tax/ NOIDA/ 201617 dated 09.02

2017 of the Commissioner Service tax NOIDA. By the impugned

order following has been held:

―ORDER

(i)

I hereby confirm the demand of the service tax

amounting to Rs.9,00,01,588/- (Rupees Nine Crores

One Thousand Five Hundred Eighty Eight only) as raised

in the show cause notice invoking the proviso to Section

73(1) of the Finance Act, 1994 and order M/s. Sahara

Sanchaar Limited, C-2,3,4, Sahara India Complex,

HON’BLE MR. P.K. CHOUDHARY, MEMBER (JUDICIAL)

HON’BLE MR. SANJIV SRIVASTAVA, MEMBER (TECHNICAL)

Service Tax Appeal No.70300 of 2017

2

Sector-11, Noida to pay the same in terms of provisions

under Section 73(2) of the Act, ibid

(ii)

I further impose a penalty of Rs.9,00,01,588/- (Rupees

Nine Crores One Thousand Five Hundred Eighty Eight

only) under Section 78 of the Finance Act, 1994 upon

M/s. Sahara Sanchaar Limited, C-2,3,4, Sahara India

Complex, Sector-11, Noida

(iii)

I also disallow the CENVAT credit of Rs.2,27,05,076/-

(Rupees Two Crores Twenty Seven Lakhs Five Thousand

and Seventy Six only) as proposed in the show cause

notice under Rule 14 of the CENVAT Credit Rules, 2004

read with the proviso to Se