9911796707
TMI Blog2007 (11) TMI 604X X X X Extracts X X X X X X X X Extracts X X X X ..... The Commissioner has demanded service tax of over ₹ 1.3 crores from the appellants and also education cess therewith for the period July, 03 to March, 06 by invoking the larger period of limitation under Section 73(1) of the Finance Act, 1994. He has also imposed huge penalty on the assessee. After examining the records and hearing both sides, we note that the assessee was operating and ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... issued by invoking the larger period of limitation and, ultimately, in adjudication thereof, the Commissioner passed the above order. 2. It is the submission of learned Senior Advocate for the assessee that MMR was an amount lying as a deposit with the assessee s principal viz. M/s. SPCPL and, therefore, no part of that amount was liable to be included in the Gross Taxable Value of the service ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ia) Operations Maintenance Co. (P) Ltd. v. Commissioner of Central Excise, Pondicherry [2007 (7) S.T.R. 369 (Tri.) = 2007-TIOL-892-CESTAT-MAD]. Learned Counsel has also claimed prima facie case on the ground of limitation. It is submitted that nothing was suppressed wilfully or otherwise by the assessee, for the department to invoke the larger period of limitation. 3. Learned SDR reiterates t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... maintenance and repairs during the period of dispute, albeit by excluding certain elements from the Gross Taxable Value. It is also noteworthy that the factum of exclusion of cost of materials was clearly discernible from the relevant invoices. In the circumstances, prima facie, there is a point in the counsel s submission that there was no suppression by the assessee. 5. For the reasons brief ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
