2017 (1) TMI 976

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..... ettled by the, Tribunal against the appellant in the case Jubilant Life Sciences Ltd v. Commissioner of Central Excise, Noida [2013 (5) TMI 393 - CESTAT NEW DELHI] as taxable - services classifiable under the head Underwriting Services and is taxable. Extended period of limitation - Held that: - extended period can be Invoked as the activity was not brought to the Notice of the authorities - th .....

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..... the appellant for underwriting services rendered. It is the case of the appellant that the said activity will not fall under 'Underwriting Services' but would fall under Merchant Banking Services' i.e., 'Banking and Other Financial Services and that they were not liable to service tax till August 2012 as appellant was not a merchant banker during the relevant period. It is also .....

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..... #39;Underwriting' is now settled by the, Tribunal against the appellant in the case Jubilant Life Sciences Ltd v. Commissioner of Central Excise, Noida 2013 (29) STR 529 (Tri.-Del.) as taxable. Thus, on merits we hold against the appellant by following the ratio laid down in the case of Jubilant life Sciences Ltd (supra). 4. As regards the issue of limitation, we find that even .....

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