If the Bank requires the appellant to verify and report on the ...
Service Tax not applicable to tasks verifying financial status of potential customers, not considered Business Auxiliary Service.
February 3, 2015
Case Laws Service Tax AT
If the Bank requires the appellant to verify and report on the financial position of the prospective/potential customer identified by the Bank and got the report within the time frame/format, it cannot be said that the appellant is marketing/promoting the business of the Bank. - prima facie, we find that the Service Tax cannot be demanded under BAS. - AT
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