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2008 (1) TMI 218 - AT - Service TaxAppellants stated that they are actually contract selling agents of City Bank. They collected the application forms from various customers and submit to Bank for the purpose of getting loans from the Bank - Revenue proceeded against the appellant on the ground that they were rendering business auxiliary service - appellants will be liable to service tax and the fact that lending services was not liable to service tax, we order pre-deposit of 50% tax - penalties would be waived
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