2016 (12) TMI 339

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..... t: - Since the appellant has already discharged the service tax liability and the interest thereof on the taxability of the amount received from the financial institutions under "Business Auxiliary Service", we upheld the same. As regards the penalties, it is correctly pointed by learned Consultant as the issue was being disputed and had to be settled by the Larger Bench, we find that this is a .....

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..... ial institutions for organizing customers to secure loan for vehicles from those Institutions. In the case in hand, appellant has already discharged the service tax liability and interest thereof. 4. Learned Counsel submits that they are not disputing the tax liability and interest but seeking waiver of penalty which has been imposed on them only on the ground that during the relevant period i .....

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