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2018 (5) TMI 406

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..... resh - appeal allowed by way of remand. - ST/86016-86018/2015 - A/86008-86010/2018 - Dated:- 13-4-2018 - SHRI RAMESH NAIR, MEMBER (JUDICIAL) AND SHRI RAJU, MEMBER (TECHNICAL) Shri S. Thirumalai, Advocate, for Appellant Shri Vivek Dwivedi, Asstt. Commissioner (AR), for Respondent Per: Ramesh Nair The appellants are engaged in the Chitfund business, which according to Revenue .....

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..... under Banking and other Financial service and discharged the Service Tax on 5% forgone commission. Therefore, the only issue involved is valuation of the services provided by the appellant. Being aggrieved, by the Order-in-Original, appellant filed the present appeals. 2. Shri S. Thirumalai, learned Counsel appearing on behalf of the appellant submits that though the appellant have discharged t .....

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..... tes the findings of the impugned order. 4. On careful consideration of the submissions made by both sides, we find that in view of the judgment cited by the learned Counsel, it appears that appellant's services are prima facie not taxable. However, on perusal of the impugned order, we find that the Commissioner has not dealt with the any of the judgments cited above and the position of the .....

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