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2018 (8) TMI 817 - AT - Service TaxBusiness Auxiliary Service - sale of loan product of ICICI Bank in lieu of Commission - service to HDFC Chubb an insurance company for sale of General Insurance Policy to the buyers of the cars in lieu of Referral Fees - Demand of Service Tax on commission received from the Bank and referral fees received from HDFC Chubb. Commission received from the bank against sale of loan product - Extended period of Limitation - Held that:- The issue was not free from doubt, therefore the extended period could not have been invoked - the demand of service tax on commission in respect of commission received from ICICI bank is set aside on the ground of time bar. Referral fees received by the appellant from HDFC Chubb insurance company - Held that:- The service is in connection with business of insurance of HDFC Chubb - In terms of Sub Section 65 of Finance Act, 1994, the service provided by the appellant falls under definition of Insurance Auxiliary Services whereas the Revenue has raised the demand under wrong head. On this ground the demand of service tax under Business Auxiliary Services does not sustain. Appeal allowed - decided in favor of appellant.
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