2008 (8) TMI 184

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...., for the Appellant. Shri K. Sambi Reddi, JDR, for the Respondent. [Order per T.K. Jayaraman, Member (T) (Oral)]. - In terms of the impugned order, the appellant is required to pre-deposit a sum of Rs. 86,79,806/- towards Service Tax and Rs. 1,000/- towards penalty. 2. We heard both sides. 3. As the, issue lies within a narrow compass, we decided to take up both the stay application an....

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.... in mind that 20% restriction is only in respect of the input service credit. Further, the learned Advocate relied on the decision of the two orders of the Commissioners of Calicut and Cochin Commissionerates viz. 1/2006 dated 6-9-2006 (Calicut) and 12/2006/S.T. dated 27-1-2006 (Cochin) in respect of BSNL, the same appellant. In view of this, we feel that it is a fit case for remanding it to the O....