2018 (5) TMI 116

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... aju This appeal has been filed by the appellant M/s Cama Motors Pvt. Ltd. against confirmation of demand of Service Tax and imposition of penalty. 2. None appeared for the appellant. 3. Learned AR for the Revenue pointed out that the appellants were engaged in the activity of providing taxable service under the category of 'Business Auxiliary Service' to various financial companies. The primary .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Their activities included promotion of loan disbursal, facilitation of the buyer of vehicles in documentation and getting the loan amount from the bank. For this, the banks are paying certain commissions. We find that the said activities are covered under the tax entry of "Business Auxiliary Service" in terms of Section 65(105) (zzb) of Finance Act, 1994 inasmuch as they are promoting and marketin .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t the appellants are engaged in providing promotional service of financial loans disbursed by the banks. Further, we note that the Larger Bench of the Tribunal in Pagariya Auto Centre - 2014 (33) S.T.R. 506 (Tribunal-LB) held that identification of nature of transaction is necessary to find the tax liability under 'Business Auxiliary Service". If there is a substantial activity of business promoti .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X