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2016 (4) TMI 984 - AT - Service TaxService tax liability - Amount received as interest on discounting of bills and depository services - Chartered Accountant of the appellant bank has stated that commission received on exchange collected on in land bill purchased and discounted during the period includes value of interest on which tax liability, will not arise. Also the Chartered Accountant of the appellant has stated that service tax on the depositary charges collected by Nagpur branch, is discharged by the Mumbai depositary services branch and was remitted to the government treasury by Mumbai branch - Held that:- the order of the first appellate authority is incorrect in as much these evidences were over looked by the first appellate authority. Therefore, the impugned order is unsustainable and set aside. - Decided in favour of appellant
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