https://www.taxtmi.com/caselaws?id=374399 The Tribunal ruled in favor of the assessee (a bank) in a case concerning the levy of service tax under Business Auxiliary Services (BAS). It held that the amount received from vehicle dealers was a discount, not a commission, and the bank's primary activity of disbursing loans did not constitute promoting the dealer's business. The Tribunal determined that the assessee was not acting as a Commission Agent and that the Show Cause Notice alleging suppression of facts was not valid. Consequently, the Tribunal allowed the assessee's appeals and dismissed the Department's appeal, concluding that the discount did not fall under the definition of BAS. en-us Tue, 29 Jan 2019 00:00:00 +0530 Tue, 28 Jan 2020 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374399 The Tribunal ruled in favor of the assessee (a bank) in a case concerning the levy of service tax under Business Auxiliary Services (BAS). It held that the amount received from vehicle dealers was a discount, not a commission, and the bank's primary activity of disbursing loans did not constitute promoting the dealer's business. The Tribunal determined that the assessee was not acting as a Commission Agent and that the Show Cause Notice alleging suppression of facts was not valid. Consequently, the Tribunal allowed the assessee's appeals and dismissed the Department's appeal, concluding that the discount did not fall under the definition of BAS. Case-Laws Service Tax Tue, 29 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374399