https://www.taxtmi.com/caselaws?id=238700 The CESTAT Mumbai upheld the demand against the assessee for service tax on commission received from banks and financial institutions for arranging loans, classifying it as business auxiliary service, consistent with prior rulings. The extended period of limitation was also upheld, as the assessee failed to pay service tax despite registration and advisories from M/s. MUL. However, the tribunal ruled in favor of the assessee regarding sales/target incentives received from M/s. MUL, treating these as trade discounts and not taxable under business auxiliary services. en-us Tue, 16 Apr 2013 00:00:00 +0530 Mon, 04 Aug 2025 11:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238700 The CESTAT Mumbai upheld the demand against the assessee for service tax on commission received from banks and financial institutions for arranging loans, classifying it as business auxiliary service, consistent with prior rulings. The extended period of limitation was also upheld, as the assessee failed to pay service tax despite registration and advisories from M/s. MUL. However, the tribunal ruled in favor of the assessee regarding sales/target incentives received from M/s. MUL, treating these as trade discounts and not taxable under business auxiliary services. Case-Laws Service Tax Tue, 16 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238700