2010 (2) TMI 366 - AT - Service Tax

Notification No. 1/2006-S.T- Refund- the issue involved is regarding applicability of benefit of Notification No. 1/2006-S.T. and whether the respondent is eligible to avail the benefit of exemption of first clearances of Rs. 4,00,000/-. The Commissioner (Appeals) has directed to refund the amount due in cash. Held that- the Revenue s application for staying the operation of the impugned order is allowed.

Summary

The Appellate Tribunal CESTAT, Bangalore allowed the Revenue's stay petition regarding a refund order of Rs. 62,281 to the appellant, pending further investigation into the applicability of a specific benefit. The Tribunal directed the lower authority to withhold the refund until the appeal is finally disposed of.