2017 (8) TMI 908

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ent ORDER Per: Dr. D.M. Misra This is an appeal filed against the Order-in-Appeal No.RKA/164/SRT-I/2011 dated 31.3.2011 passed by the Commissioner (Appeals), Central Excise & Customs, Surat I. 2. Briefly stated the facts of the case are that the appellants had availed taxable service under the category "Banking and other Financial services" during the period from January 2006 to May 20....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....osition of penalty and on its rejection, the present appeal. 3. Ld. Chartered Accountant for the appellants submits that the entire amount of service tax liability was paid by them with interest. It is his contention that after introduction of Section 66A of the Finance Act, 1994 there was confusion of payment of service tax for the services received from the overseas supplier. Therefore, as so....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... levy of service tax on reverse charge mechanism during the period in question had been an area of dispute between the Revenue and the assessee, and it became clear only after the decision of the Hon'ble Bombay High Court in the case of Indian national Ship Owners Association Vs. UOI - 2009 (13) STR 235 (Bom.). Therefore, in these circumstances, and also considering the fact that the entire servic....