https://www.taxtmi.com/caselaws?id=328528 The Tribunal upheld the First Appellate Authority's decision on the classification of services provided by the appellant, confirming the demand on commission post 06.11.2006 but setting aside the demand related to profit sharing. The Tribunal noted that the demand raised prior to 06.10.2007 was time-barred and set aside the penalty under Section 78 of the Finance Act, 1994. Additionally, the Tribunal confirmed the demand post 06.11.2006 on commission received from financial institutions but ruled that the appellant was not liable to pay service tax on profit sharing from AutomartIndia Ltd., as activities involving profit sharing are not covered under service tax. en-us Mon, 25 Apr 2016 00:00:00 +0530 Wed, 21 Dec 2016 18:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328528 The Tribunal upheld the First Appellate Authority's decision on the classification of services provided by the appellant, confirming the demand on commission post 06.11.2006 but setting aside the demand related to profit sharing. The Tribunal noted that the demand raised prior to 06.10.2007 was time-barred and set aside the penalty under Section 78 of the Finance Act, 1994. Additionally, the Tribunal confirmed the demand post 06.11.2006 on commission received from financial institutions but ruled that the appellant was not liable to pay service tax on profit sharing from AutomartIndia Ltd., as activities involving profit sharing are not covered under service tax. Case-Laws Service Tax Mon, 25 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328528