CESTAT Upholds Service Tax Demand on Clearing Agent, Payment Deadline Set, Compliance Required

The Appellate Tribunal CESTAT, New Delhi upheld the service tax demand on a clearing and forwarding agent. The applicants were instructed to pay 50% of the tax liability within 8 weeks, while the remaining amount was put on hold pending appeal. Compliance was required by June 2, 2008.

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The Appellate Tribunal CESTAT, New Delhi confirmed a demand for service tax on a clearing and forwarding agent. The applicants were directed to deposit 50% of the tax liability within 8 weeks, with the remaining amount stayed pending appeal. Reporting compliance set for June 2, 2008.

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