2017 (3) TMI 426

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....Purushothaman & Shankar Raman Consultant's for the Respondent. ORDER The above appeal is filed by the department against the order passed by Commissioner (Appeals) who set aside the demand, interest and the penalty. 2.  Brief facts are that, the respondent which is a non-banking finance company is registered with the service tax department. They were collecting administration cha....

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....-2009 to 2010-2011 along with interest and imposed equal amount of penalty. In appeal, the Commissioner (Appeals) set aside the same. Hence this appeal. 3. On behalf of the department, the Ld. AR, Shri. P.S. Reddy reiterated the grounds of appeal. He submitted that the insurance was for the benefit of the customers who have taken loan and the amount also having been collected by the respondent ....

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.... advanced by them has direct nexus with the output services. Further the respondent collects administrative charges and has paid the premium out of this amount. He has pointed out that for the period 2008-2009 though the respondent collected more than Rs. 67,00,000/- towards administration charges out of this only Rs. 41,00,000/- has been paid for insurance premium, although appellant has paid ser....