https://www.taxtmi.com/caselaws?id=31469 The Appellate Tribunal CESTAT, CHENNAI ruled in favor of the appellant-Bank, holding that the demand of service tax on charges collected by jewellery appraisers from the bank's borrowers was not sustainable. The tax was imposed on fees for jewellery appraisal services, not on amounts lent by the bank, and did not fall under the category of "Other Financial Services" as defined in the Finance Act, 1994. The impugned demand was set aside, allowing the appeal in favor of the appellant. en-us Thu, 10 Jul 2008 00:00:00 +0530 Thu, 20 Mar 2014 18:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31469 The Appellate Tribunal CESTAT, CHENNAI ruled in favor of the appellant-Bank, holding that the demand of service tax on charges collected by jewellery appraisers from the bank's borrowers was not sustainable. The tax was imposed on fees for jewellery appraisal services, not on amounts lent by the bank, and did not fall under the category of "Other Financial Services" as defined in the Finance Act, 1994. The impugned demand was set aside, allowing the appeal in favor of the appellant. Case-Laws Service Tax Thu, 10 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31469