2014 (6) TMI 423

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....dent : Shri BB Sharma, DR JUDGEMENT Per Hon'ble Mrs. Archana Wadhwa : After hearing both the sides, I find that the appellants filed refund claim of Rs.1,69,576/- (Rupees one lakh sixty nine thousand five hundred and seventy six only) in respect of input services provided to Special Economic Zone (SEZ). Out of the said amount, the lower authorities sanctioned the refund claim of Rs.43,656....

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.....16%. The lower authorities applied the above ratio to the total refund of Rs.1,69,576/- and after taking into account the already sanctioned refund claim of Rs.43,656/-, they allowed the balance refund amount of Rs.39,708/- (Rupees thirty nine thousand seven hundred and eight only). 4. The appellants grievance is that the said ratio of 49.16% was to be applied to the disputed amount of Rs.1,25....