https://www.taxtmi.com/caselaws?id=78936 The Tribunal allowed the appellant's application for waiver of pre-deposit regarding service tax liability for business auxiliary services, including tax collection, sale of government bonds, credit cards, and mutual fund units. The Tribunal considered the commission received for tax collection and sale of government bonds, stating that these activities did not fall under "Banking and Other Financial Services." The appellant's direct agreement with VISA for credit card membership also supported the argument that the commission for marketing credit cards should not be classified under business auxiliary services. Consequently, the recovery of the amounts was stayed pending appeal disposal. en-us Mon, 17 May 2010 00:00:00 +0530 Mon, 27 Dec 2010 15:28:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=78936 The Tribunal allowed the appellant's application for waiver of pre-deposit regarding service tax liability for business auxiliary services, including tax collection, sale of government bonds, credit cards, and mutual fund units. The Tribunal considered the commission received for tax collection and sale of government bonds, stating that these activities did not fall under "Banking and Other Financial Services." The appellant's direct agreement with VISA for credit card membership also supported the argument that the commission for marketing credit cards should not be classified under business auxiliary services. Consequently, the recovery of the amounts was stayed pending appeal disposal. Case-Laws Service Tax Mon, 17 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=78936