The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Bangalore bench has recently allowed an appeal filed by Astrazeneca India where the Company’s refund for service tax paid to the Department was allowed along with interest.
The appellant-Company is aService Provider registered with the Service Tax department. They filed an application on 17.7.2007 for claiming refund in terms of Rule 5 of CENVAT Credit Rules, 2004 for the year 2006-2007. Thereafter, a show-cause notice dated 27.2.2008 was issued to the appellant proposing to deny the refund. Appellant filed reply to the show-cause notice and the Deputy Commissioner vide Order-in-Original dated 7.7.2008 allowed the refund claim to the extent of Rs.3,85,681/- and rejected the balance refund claim. On appeal, the first appellate authority partially allowed the plea of the appellant.
Source Taxscan
