2013 (7) TMI 459

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....ith the department for service tax purposes under the category of 'Credit Rating Agency' since 1998. Apart from credit rating activity, the appellant also undertakes certain financial advisory services in respect of energy, banking, development, finance, transport and urban infrastructure, disinvestment and risk management. The appellant have taken registration and paying service tax in respect of these advisory services under "banking and other financial services" w.e.f. 16/08/2002 when the term 'body corporate' was included in addition to banking and non-banking financial companies as the provider of such services. The department has accepted the classification of the service rendered by the appellant under banking and other financial ser....

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.... with the management of any organization in any manner and includes any person who renders any advice, consultancy or technical assistance relating to conceptualizing, devising, development, modification, rectification or upgradation of any working system of any organisation". It is his contention, that by rendering financial advisory services, his client has not rendered any advice with respect to management of any organization. He has also submitted a few copies of the agreements entered into by his client which are in relation to advisory assistance in selection of sub-concessionaire for development of solid cargo facilities at Dahej Port with Petronet LNG Limited, techno economic and financial feasibility report for Chandigarh-Ludhiana ....