https://www.taxtmi.com/caselaws?id=205764 Commission received for facilitating vehicle loans from banks is treated as business auxiliary service because the activity promotes the banks' lending business by procuring loan customers. For valuation, only the amount that forms the assessee's actual consideration can be included; if part of the bank payout was separately paid directly to customers, that portion is not includible in taxable value. The exemption claim under Notification No. 25/04-ST also required fresh consideration because it had not been examined earlier. The matter was therefore remanded for verification of the correct taxable value and decision on the exemption plea. en-us Thu, 25 Aug 2011 00:00:00 +0530 Wed, 21 Sep 2011 23:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=205764 Commission received for facilitating vehicle loans from banks is treated as business auxiliary service because the activity promotes the banks' lending business by procuring loan customers. For valuation, only the amount that forms the assessee's actual consideration can be included; if part of the bank payout was separately paid directly to customers, that portion is not includible in taxable value. The exemption claim under Notification No. 25/04-ST also required fresh consideration because it had not been examined earlier. The matter was therefore remanded for verification of the correct taxable value and decision on the exemption plea. Case-Laws Service Tax Thu, 25 Aug 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=205764