https://www.taxtmi.com/caselaws?id=250939 The Appellate Tribunal CESTAT MUMBAI upheld the confirmation of service tax demand on a bank under the 'Business Auxiliary Service' category. The appellant's argument that the service tax liability was discharged by the insurance company on a reverse charge basis was rejected. The Tribunal ruled that the appellant's role in promoting the insurance company's business fell under 'Business Auxiliary Services,' making them liable for service tax payment. The appellant was directed to make a pre-deposit of the confirmed tax demand, with the balance of dues, interest, and penalties waived upon compliance. en-us Mon, 21 Jul 2014 00:00:00 +0530 Tue, 30 Jun 2015 15:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250939 The Appellate Tribunal CESTAT MUMBAI upheld the confirmation of service tax demand on a bank under the 'Business Auxiliary Service' category. The appellant's argument that the service tax liability was discharged by the insurance company on a reverse charge basis was rejected. The Tribunal ruled that the appellant's role in promoting the insurance company's business fell under 'Business Auxiliary Services,' making them liable for service tax payment. The appellant was directed to make a pre-deposit of the confirmed tax demand, with the balance of dues, interest, and penalties waived upon compliance. Case-Laws Service Tax Mon, 21 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250939