2009 (7) TMI 194

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.... Respondent. [Order]. - Ld. Advocate Shri P.M. Dave appearing for the appellants submits that service tax of Rs. 1,42,232/- stands confirmed against them by the Original Adjudicating Authority for the period July, 2003 to September, 2005, on the finding that the activities of arranging loans from banks and other financial institutions on behalf of their clients, were liable to service tax, unde....

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....ategory of "Business Auxiliary Services". The said fact becomes evident from the Circular No. 87/05/2006-ST, dated 6-11-2006 issued by the Board, wherein after taking note of the fact that certain doubts have arisen in respect of the said activity, it stands clarified that such services would be covered under the category of business auxiliary services. As such, he prays for setting aside the pena....