2008 (7) TMI 69

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..... ustified in adding that portion – as per circular dated 6-11-06, tax payable by the dealer would be on the gross amount received from the financial company - amount already deposited is sufficient for hearing of the appeal. Per-deposit of remaining amount are waived - ST/318-19/2008 - ST/262-263/2008 - Dated:- 10-7-2008 - S. S. Kang, Vice President and Rakesh Kumar, Member (T) Atul Gupta f .....

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..... ular dated 6-11-2006 to submit that Board has clarified that the tax payable by the dealer who is also providing business auxiliary service to the bank would be on the gross amount received from the financial company. 3. In view of the above circular, we find that in the case of Chambal Motors (P.) Ltd., the amount already deposited is sufficient for hearing of the appeal. Per-deposit of remai .....

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