https://www.taxtmi.com/caselaws?id=206430 Commission earned by a mutual fund distributor was examined for service tax liability under Business Auxiliary Service, with the Tribunal noting that mutual fund units were treated as goods for the relevant period and that sale and marketing activity could fall within that service category. It also considered the commission-agent exemption in Notification No. 13/2003-S.T. and earlier judicial support for the assessee's position. On that prima facie basis, the Tribunal granted waiver of pre-deposit and dispensed with deposit of service tax, interest and penalty. en-us Tue, 05 Apr 2011 00:00:00 +0530 Fri, 30 Dec 2011 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206430 Commission earned by a mutual fund distributor was examined for service tax liability under Business Auxiliary Service, with the Tribunal noting that mutual fund units were treated as goods for the relevant period and that sale and marketing activity could fall within that service category. It also considered the commission-agent exemption in Notification No. 13/2003-S.T. and earlier judicial support for the assessee's position. On that prima facie basis, the Tribunal granted waiver of pre-deposit and dispensed with deposit of service tax, interest and penalty. Case-Laws Service Tax Tue, 05 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206430