Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
Customs valuation and classification require comparable evidence and assessment of imported goods in their actual condition, invalidating related pena...
CESTAT, an Appellate Tribunal, considered the levy of service tax on air and ocean freight charges collected before and after 01.07.2012. The issue was whether these charges constituted Business Support Service. The Tribunal held that the charges were for transportation of goods, not for any other service, and thus not subject to service tax. Referring to a previous case, the Tribunal concluded that the demand for service tax pre and post 01.07.2012 was unsustainable. Therefore, the appeal was allowed, and the demand was set aside.
CESTAT, an Appellate Tribunal, considered the levy of service tax on air and ocean freight charges collected before and after 01.07.2012. The issue was whether these charges constituted Business Support Service. The Tribunal held that the charges were for transportation of goods, not for any other service, and thus not subject to service tax. Referring to a previous case, the Tribunal concluded that the demand for service tax pre and post 01.07.2012 was unsustainable. Therefore, the appeal was allowed, and the demand was set aside.
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