2013 (12) TMI 487

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....ar, DR, for the Respondent. ORDER The appellant are manufacturers of paints and varnishes. They have factories at Panvel (Maharashtra), Naihati (West Bengal) and Sikandrabad (U.P.). Two of the appellant's factories in Panvel and Naihati have closed down and the company has become sick and gone to BIFR for finalizing rehabilitation package. In terms of the order of the BIFR, SBI Capital Marke....

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....mount. On appeal to Commissioner (Appeals), this order of the Assistant Commissioner was upheld vide order-in-appeal dated 31-12-2010 against which this appeal along with stay application has been filed. 2. Heard both the sides in respect of stay application. 3. Shri Mukul Gupta, Advocate, learned Counsel for the appellant, pleaded that the service of preparing feasibility report r....

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....lant's plea for waiver by reiterating the findings of the Commissioner (Appeals) in the impugned order. He pleaded that the service received is a financial service which is not covered by the definition of "input service" in Rule 2(l). 5. I have carefully considered the submissions from both the sides and perused the records. 6. The service of preparing feasibility report for rehab....