2012 (2) TMI 299

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..... ; 2. Learned Authorised Representative appearing for the Revenue says that the nature of activity carried out by the appellant was to promote the business of ICICI Bank providing the services of processing of loan application for commercial vehicle which has resulted in promotion of business of the bank as well as the vehicle seller. Therefore, such marketing efforts comes under the category of b .....

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..... nbsp; 5. So far as penalty under Section 77 is concerned, when the liability commencesd such penalty becomes imposable. Therefore, penalty of Rs.1000/- imposed under Section 77 is confirmed.   6. Interest, if any, realizable against the service tax demand shall be payable.   7. With the aforesaid decision, the appeal is partly allowed.  
Case laws, Decisions, Judgements, Orde .....

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