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TMI Blog2018 (10) TMI 1850X X X X Extracts X X X X X X X X Extracts X X X X ..... s - period July, 2003 to March, 2005 - extended period of limitation - penalty - HELD THAT:- It is seen from the sample agreement that the appellant, as representative of the Bank, was required to explain the financial scheme and facilities to the customers and facilitation depends in giving loan to the customers - thus, this activity is to be classified under BAS for payment of service tax. Time ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o.03/ST/B-I/2007 dated 30.08.2007. 2. The appellant is an authorized dealer for "Hero Honda" branded Motorcycles. The Department, during investigation, noticed that the appellant was receiving certain amounts from various Banks and Financial Institutions for arranging finance for their customers. The customers, who approached the appellant for purchase of the two wheelers, were provided finance f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e Revenue. 4. It was submitted on behalf of the appellant that the service tax has already been paid by the appellant along with applicable interest after issue of order-in-original. The ld.Advocate for the appellant further submitted that the demand of service tax is only contested on the ground of time-bar. He also submitted that no penalty is leviable on the appellant and the same may be waive ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as representative of the Bank, was required to explain the financial scheme and facilities to the customers and facilitation depends in giving loan to the customers. We are of the view that this activity is to be classified under BAS for payment of service tax. Accordingly, we uphold the liability for service tax. 8. The order has been challenged by the appellant mainly on time barred. It is seen ..... X X X X Extracts X X X X X X X X Extracts X X X X
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