2011 (9) TMI 501

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....ran for the Respondent. JUDGMENT 1. The revenue has preferred this appeal challenging the order passed by the Tribunal, which has set aside the levy of interest and penalty. It is not in dispute that the relevant period is from July 2000 to October 2003. Once there is a delay in payment of service tax, interest is payable as it is compensatory in nature as held by the Apex Court. Therefore, ....

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..... 3. In the facts of the case, we are satisfied that it constitutes a sufficient cause. In this regard it is also useful to refer to the circular dated 20-10-2010 prohibiting the revenue from preferring an appeal where the tax effect is less than Rs. 2 lakhs. Though the said circular makes it clear that it comes into effect in respect of appeals to be filed subsequent to the date of the circula....