TMI Blog2018 (5) TMI 116X X X X Extracts X X X X X X X X Extracts X X X X ..... sioner of Central Excise, Jaipur [2017 (3) TMI 559 - CESTAT NEW DELHI], where it was held 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 marketing the services provided by the client banks - demand upheld - appeal dismissed - decided against appellant. - ST/80/2009-DB ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... his Tribunal in the case of Rennaissance Leasing Finance Pvt. Ltd. Vs. Commissioner of Central Excise, Jaipur - 2017 (52) STR 40 (Tri-Del) and in the case of Jaybharat Automobiles Ltd. - 2016 (41) STR 311 (Tri-Mum). 4. We have gone the records and the submissions made by learned AR. We find that identical issue has been decided by Tribunal in the case of Rennaissance Leasing Finance Pvt ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Tribunal of a Single Member Bench is without discussing the merits of the case and only on relying on the decision of the Tribunal in S.R. Kalyanakrishnan - 2008 (9) S.T.R. 255 (Tribunal-Bangalore). In that case, the Tribunal clearly recorded that the assessee was only verifying the correctness of the details provided by the customers seeking loan from the bank. They were not involved in prom ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s no reason to interfere with the findings of the lower authorities. The appellant contested the penalties on the ground that there is a bona fide belief regarding tax liability and there is no justification to invoke allegation of suppression of facts, fraud, etc. The appellants did not elaborate the background of their bona fide belief. The impugned order also records that there is no ground to ..... X X X X Extracts X X X X X X X X Extracts X X X X
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