2008 (6) TMI 94

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..... spondent. [Order per: S.S. Kang, Vice-President]. - Applicant filed these applications for waiver of pre-deposit of total amount of Service tax of Rs. 1,80,676/- and penalties. The demand is confirmed after treating the applicant as provider of Business Auxiliary Service. The applicants are engaged in arranging finance/loans for their customers from banks and financial institutions and in return .....

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..... he assessee is providing Business Auxiliary Service to the banks for consideration, therefore, is liable to pay Service tax as provider of Business Auxiliary Service. In view of this, we find it is not a fit case for waiver of amount of Service tax. Applicants are directed to deposit the whole of the amount of Service tax i.e. Rs. 1,80,676/- within a period of eight weeks from today. On deposit of .....

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