https://www.taxtmi.com/caselaws?id=373558 Hire purchase activity is treated as taxable hire purchase service where ownership remains with the financer until instalments are paid, and the taxable value includes finance or interest charges unless the statute excludes them; interest was excluded only for the post-amendment period. Commission for canvassing insurance products falls within insurance auxiliary service, and where reverse charge applies the tax is recoverable from the recipient, not the agent. Vendor promotion commission was taxable only after the exemption ceased, suppression justified extended limitation, but penalties were waived in view of discretionary relief. en-us Fri, 11 Jan 2019 00:00:00 +0530 Tue, 21 Jan 2020 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373558 Hire purchase activity is treated as taxable hire purchase service where ownership remains with the financer until instalments are paid, and the taxable value includes finance or interest charges unless the statute excludes them; interest was excluded only for the post-amendment period. Commission for canvassing insurance products falls within insurance auxiliary service, and where reverse charge applies the tax is recoverable from the recipient, not the agent. Vendor promotion commission was taxable only after the exemption ceased, suppression justified extended limitation, but penalties were waived in view of discretionary relief. Case-Laws Service Tax Fri, 11 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373558