https://www.taxtmi.com/caselaws?id=32973 Interim stay against coercive recovery from a public sector unit may be granted where clearance from the competent committee is still pending. The Tribunal relied on its inherent powers under Rule 41 and the cited Chennai Bench ruling to restrain recovery action during the pendency of such approval. It also noted that the Board circular supported restraint on recovery until committee clearance is obtained. The practical effect is that Revenue recovery steps may be stayed against a public sector unit while the clearance process remains incomplete. en-us Fri, 17 Oct 2008 00:00:00 +0530 Tue, 14 Apr 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32973 Interim stay against coercive recovery from a public sector unit may be granted where clearance from the competent committee is still pending. The Tribunal relied on its inherent powers under Rule 41 and the cited Chennai Bench ruling to restrain recovery action during the pendency of such approval. It also noted that the Board circular supported restraint on recovery until committee clearance is obtained. The practical effect is that Revenue recovery steps may be stayed against a public sector unit while the clearance process remains incomplete. Case-Laws Service Tax Fri, 17 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32973