https://www.taxtmi.com/caselaws?id=271951 The Tribunal ruled in favor of the appellant, reducing the total demand and penalties imposed under sections 76 and 78 of the Finance Act, 1994. Taxable receipts were specified as commission, remuneration, incentives, and processing fees from finance and insurance companies. The Tribunal set aside tax on remuneration for allocating "table space" and deemed commission as remuneration for promotional efforts, modifying the order to exclude tax on commission/remuneration and reducing penalties for the mistaken CENVAT credit claim on "demo" cars. Penalties were restricted to the surviving tax demand, resulting in a reduction of penalties imposed. en-us Fri, 30 Oct 2015 00:00:00 +0530 Wed, 21 Sep 2016 17:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271951 The Tribunal ruled in favor of the appellant, reducing the total demand and penalties imposed under sections 76 and 78 of the Finance Act, 1994. Taxable receipts were specified as commission, remuneration, incentives, and processing fees from finance and insurance companies. The Tribunal set aside tax on remuneration for allocating "table space" and deemed commission as remuneration for promotional efforts, modifying the order to exclude tax on commission/remuneration and reducing penalties for the mistaken CENVAT credit claim on "demo" cars. Penalties were restricted to the surviving tax demand, resulting in a reduction of penalties imposed. Case-Laws Service Tax Fri, 30 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271951