TMI Blog2014 (12) TMI 668X X X X Extracts X X X X X X X X Extracts X X X X ..... e find that in the appellants own case, the co-ordinate bench of the Tribunal has taken a view holding that such activity of fore-closure of the loan does not attract Service Tax liability. This bench in the case of HUDCO has taken a diagonically opposite view after considering the judgment in the case of Small Industries & Development Bank of India (2011 (1) TMI 495 - CESTAT, NEW DELHI). Since t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ar Shah, Adv. For the Respondent : Shri S.K. Shukla, A.R. ORDER Per: M.V. Ravindran; 1. When this Stay Petition was called out, ld.Counsel submits that the appellant has already deposited entire amount of Service Tax liability, interest thereof and 25% of the Service Tax liability as penalty and is contesting the issue on merit. 2. It is his submission that in the appellant ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3. Ld.D.R. fairly submit that two different views have been expressed on the very same issue. 4. On perusal of the records, we find that the tax liability has been confirmed on the ground that the appellant has accepted pre-payment charges towards the settlement of the loan extended to their customers. We find that in the appellants own case, the co-ordinate bench of the Tribunal has taken a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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