https://www.taxtmi.com/caselaws?id=251790 The Tribunal granted waiver of predeposit and stay of proceedings regarding the demand of service tax, interest, and penalties, provided a specific amount was remitted within a stipulated time frame. It clarified that exemption notifications do not have retrospective operation, halting the levy of tax from the date of issuance. The Tribunal acknowledged a potential exemption for works related to lift irrigation projects under Notification No. 41/2009-S.T. but did not address the valuation dispute due to lack of prior contention. en-us Wed, 01 Jan 2014 00:00:00 +0530 Sun, 28 Sep 2014 09:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251790 The Tribunal granted waiver of predeposit and stay of proceedings regarding the demand of service tax, interest, and penalties, provided a specific amount was remitted within a stipulated time frame. It clarified that exemption notifications do not have retrospective operation, halting the levy of tax from the date of issuance. The Tribunal acknowledged a potential exemption for works related to lift irrigation projects under Notification No. 41/2009-S.T. but did not address the valuation dispute due to lack of prior contention. Case-Laws Service Tax Wed, 01 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251790