https://www.taxtmi.com/caselaws?id=213632 The Appellate Tribunal CESTAT, Chennai waived the pre-deposit of Service tax amounting to Rs. 98,57,126 confirmed under 'Banking and other financial services' due to lack of evidence connecting the amounts collected from individual borrowers to loans granted. The Tribunal also stayed the recovery pending the appeal. en-us Mon, 13 Jun 2011 00:00:00 +0530 Thu, 19 Apr 2012 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213632 The Appellate Tribunal CESTAT, Chennai waived the pre-deposit of Service tax amounting to Rs. 98,57,126 confirmed under 'Banking and other financial services' due to lack of evidence connecting the amounts collected from individual borrowers to loans granted. The Tribunal also stayed the recovery pending the appeal. Case-Laws Service Tax Mon, 13 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213632