2007 (8) TMI 179

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..... to be discharged from the above date - ST/88 & 89/2007 - 1023-1024/2007 - Dated:- 31-8-2007 - [Order per : T.K. Jayaraman, Member (T) (Oral)]. - These appeals have been filed against Orders-in-Appeal No. 9 10/2006 - ST/TVM both dated 21-12-2006 passed by the Commissioner of Central Excise (Appeals), Cochin. 2. The appellant M/s. Kerala State Finance Enterprises Ltd. are rendering variou .....

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..... y with effect from 10-9- 2004 and not period prior to that date. The learned advocate stated that the Adjudicating Authority has actually categorized the service rendered by the appellant as "hire purchase by a body corporate" which is indicated under Section 65 (11) of the Finance Act, 1994 of "Banking Other Financial Services" in Sl. No.1 of the definition as it existed in 2001. In view of the .....

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..... Hirer Lessor-Lessee 3 Buyer Borrower buys the equipment/vehicle Owner purchases and supplies to the hirer Lessor purchases and supplies to the lessee 4 Compensation Interest Hire charges Lease rent 5 Depreciation Claimed by borrower Claimed by hirer Claimed by lessor 6 .....

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