https://www.taxtmi.com/caselaws?id=212294 The Appellate Tribunal CESTAT, CHENNAI directed the assessee, engaged in financing commercial vehicles, to make a pre-deposit of Rs. 20,00,000/- towards tax, with the balance amounts dispensed pending appeal. The Tribunal classified the service provided by the assessee as that of a "commission agent" under "Business Auxiliary Service," emphasizing the role in promoting vehicle sales for dealers. The interpretation of the "commission agent" definition was pivotal in determining the waiver of pre-deposit, ultimately leading to a partial pre-deposit and stay of recovery during the appeal process. en-us Mon, 18 Apr 2011 00:00:00 +0530 Tue, 27 Mar 2012 18:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212294 The Appellate Tribunal CESTAT, CHENNAI directed the assessee, engaged in financing commercial vehicles, to make a pre-deposit of Rs. 20,00,000/- towards tax, with the balance amounts dispensed pending appeal. The Tribunal classified the service provided by the assessee as that of a "commission agent" under "Business Auxiliary Service," emphasizing the role in promoting vehicle sales for dealers. The interpretation of the "commission agent" definition was pivotal in determining the waiver of pre-deposit, ultimately leading to a partial pre-deposit and stay of recovery during the appeal process. Case-Laws Service Tax Mon, 18 Apr 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212294