2008 (5) TMI 132
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.... [Order per: M. Veeraiyan, Member (T)]. - Heard both sides on the stay petition. 2. The applicant is providing services of transport of goods by road and has availed the benefit of exemption Notification No. 1/2006, dated 1-3-2006. As per the above notification, provider of goods transport services is entitled to pay service tax on a value which is 25% of the gross amount received. This exemptio....
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....t submits that the appellant were not really familiar with the service tax provisions. They have given very cryptic reply dated 17-10-2007 to the show cause notice dated 3-10-2007. They were not really aware that by availing the benefit of Cenvat credit amounting to Rs. 1.10 lacs would be disadvantageous to them and lead to denial of the benefit to the tune of Rs. 1.39 crores. If they had known, t....