https://www.taxtmi.com/caselaws?id=210007 The Tribunal ruled against the appellant in a case concerning the applicability of Service Tax on services provided to a bank as a direct selling agent. The services were not considered exempt under Notification No.25/2004, falling under 'Business Auxiliary Services' for taxation. The Tribunal limited the demand for Service Tax within the statutory limitation period, directed a recalculation of the tax liability based on the entire amount received as cum-duty, and set aside penalties under Section 78 of the Finance Act, 1994, opting for Section 80 instead. The matter was remanded for re-quantification and interest imposition. en-us Tue, 28 Jun 2011 00:00:00 +0530 Fri, 05 Jul 2013 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210007 The Tribunal ruled against the appellant in a case concerning the applicability of Service Tax on services provided to a bank as a direct selling agent. The services were not considered exempt under Notification No.25/2004, falling under 'Business Auxiliary Services' for taxation. The Tribunal limited the demand for Service Tax within the statutory limitation period, directed a recalculation of the tax liability based on the entire amount received as cum-duty, and set aside penalties under Section 78 of the Finance Act, 1994, opting for Section 80 instead. The matter was remanded for re-quantification and interest imposition. Case-Laws Service Tax Tue, 28 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210007