2007 (12) TMI 189 - AT - Service Tax

Commissioner (Appeals) in the impugned order has noted that the Register and Share Transfer Agent services for tax purpose have come into effect from 1-5-2006 and hence the demand prior to this period is not sustainable - Revenue is seeking stay of the operation of this order - Prima facie, there is no infirmity in the impugned order - no merit in the stay application of revenue and the same is dismissed

Summary

The Revenue sought stay of Order-in-Appeal No. 12/2006 regarding Service Tax demand for services as Register and Share Transfer Agent. The Commissioner noted that the demand prior to 1-5-2006 was not sustainable. The Tribunal found no infirmity in the order and dismissed the stay application. The appeal will proceed for hearing.