https://www.taxtmi.com/caselaws?id=349646 The tribunal upheld the service tax liability on the commission income received by the appellants for arranging vehicle loans, categorizing it as Business Auxiliary Services (BAS) and thus subject to service tax. However, the penalty under Sections 76, 77, and 78 of the Finance Act was dropped by the tribunal, considering the appellants' timely tax payment and lack of intent to evade payment, along with inconsistencies in penalty imposition in similar cases during the relevant period. en-us Mon, 25 Sep 2017 00:00:00 +0530 Thu, 26 Apr 2018 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349646 The tribunal upheld the service tax liability on the commission income received by the appellants for arranging vehicle loans, categorizing it as Business Auxiliary Services (BAS) and thus subject to service tax. However, the penalty under Sections 76, 77, and 78 of the Finance Act was dropped by the tribunal, considering the appellants' timely tax payment and lack of intent to evade payment, along with inconsistencies in penalty imposition in similar cases during the relevant period. Case-Laws Service Tax Mon, 25 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349646