I. C. Financial Analysts of India VS Commissioner of Customs & Central Excise, Hyderabad-II

Judicial Analysis Court Copy Headnote Facts Arguments Court observation

P.G.CHACKO, M.VEERAIYAN
I. C. Financial Analysts of India – Appellant
Versus
Commissioner of Customs & Central Excise, Hyderabad-II – Respondent

Advocates Appeared:
V. Sridharan, G. Shivadass,P.R.V. Ramanan, R.K. Singla

ORDER

P.G. Chacko, Judicial Member - The first four appeals were filed by the respective assessees against a common order passed by the Commissioner of Central Excise, Hyderabad-Il. These appeals are directed against demands of service tax and education cess (with interest) confirmed against the assessees and penalties imposed on them by the adjudicating authority. The demands of service tax are under the head "commercial training or coaching service" and for the periods shown below :

Appeal No.	Appellant	Period	Service tax + education cess demanded	Penalties
S.T./32/2007	The ICFAI Society, Hyderabad	7/2003 to 3/2005	Rs. 18.92 crores	Rs. 18.92 crores u/s 78 Rs. 1000/- u/s 77 Rs. 150 per day u/s 76 .
S.T./39/2007	The ICFAI University, Dehradun	12/2003 to 3/2005	Rs. 8,69,716/-	Rs. 8,69,716 u/s 78 Rs. 1000/- u/s 77 Rs. 150 per day u/s 76
S.T./40/2007	The ICFAIAN Foundation, Hyderabad	7/2003 to 3/2005	Rs. 9.44 cr.	Rs. 9.44 cr. u/s 78 Rs. 1000/- u/s 77 Rs. 150 per day u/s 76
ST./46/2007	The ICFAI University, Tripura	8/2004 to 3/2005	Rs. 1,62,205/-	Rs. 1,62,205/- u/s78 Rs. 1000/- u/s 77 Rs. 150 per day u/s 76

The two appeals of the Department are directed against different orders passed by the Co

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P.G.CHACKO, M.VEERAIYANI. C. Financial Analysts of India – AppellantVersusCommissioner of Customs & Central Excise, Hyderabad-II – Respondent

P.G.CHACKO, M.VEERAIYAN
I. C. Financial Analysts of India – Appellant
Versus
Commissioner of Customs & Central Excise, Hyderabad-II – Respondent