2012 (5) TMI 376

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... on 67 by which service tax liability was to be discharged in the case of transactions with associated enterprises immediately on entry in the books of accounts is only prospective i.e. w.e.f. 10-5-2008, which is that date of amendment to the statutory provision and not retrospectives - prayer for waiver of pre-deposit granted - ST/655/2010 - 571/2011 - Dated:- 27-6-2011 - Ms. Jyoti Balasundaram .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s only prospective i.e. w.e.f. 10-5-2008, which is that date of amendment to the statutory provision and not retrospectives and therefore, the payment made upon realization was in time not delay. Prima facie, we find this contention is supported by the Tribunal s Final Order No. 1162/10 dated 8-11-2010 [2011 (21) S.T.R. 252 (Tri.-Chennai)], in the case of the same assessees. Therefore, we grant t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X