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    <title>2016 (12) TMI 339 - CESTAT MUMBAI</title>
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    <description>The Tribunal upheld the service tax liability and interest on amounts received for organizing customers to secure loans from financial institutions under &quot;Business Auxiliary Service.&quot; The penalties imposed on the appellant were set aside due to the ongoing dispute regarding the taxability of the amounts received, invoking Section 80 of the Finance Act, 1994. The appeal was disposed of with the penalties being waived.</description>
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      <link>https://www.taxtmi.com/caselaws?id=335694</link>
      <description>The Tribunal upheld the service tax liability and interest on amounts received for organizing customers to secure loans from financial institutions under &quot;Business Auxiliary Service.&quot; The penalties imposed on the appellant were set aside due to the ongoing dispute regarding the taxability of the amounts received, invoking Section 80 of the Finance Act, 1994. The appeal was disposed of with the penalties being waived.</description>
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