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    <title>2006 (7) TMI 591 - CESTAT NEW DELHI</title>
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    <description>The Tribunal considered whether activity of promoting retail finance for a bank fell within business auxiliary service at the pre-deposit stage and whether full waiver of service tax and penalties was justified. It noted the agreement to promote retail finance and to introduce customers to the bank, which brought the matter within the scope relevant to pre-deposit, but not to the extent of granting complete waiver. The Tribunal accordingly required deposit of 50 per cent of the demanded amount within four weeks and waived pre-deposit of the balance for hearing of the appeal.</description>
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    <pubDate>Thu, 27 Jul 2006 00:00:00 +0530</pubDate>
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      <title>2006 (7) TMI 591 - CESTAT NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=162498</link>
      <description>The Tribunal considered whether activity of promoting retail finance for a bank fell within business auxiliary service at the pre-deposit stage and whether full waiver of service tax and penalties was justified. It noted the agreement to promote retail finance and to introduce customers to the bank, which brought the matter within the scope relevant to pre-deposit, but not to the extent of granting complete waiver. The Tribunal accordingly required deposit of 50 per cent of the demanded amount within four weeks and waived pre-deposit of the balance for hearing of the appeal.</description>
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      <pubDate>Thu, 27 Jul 2006 00:00:00 +0530</pubDate>
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