https://www.taxtmi.com/caselaws?id=207742 The Tribunal set aside the decision confirming service tax demand, penalties, and interest against Clearing & Forwarding Agents for undervaluation of taxable services. The case was remanded for reevaluation, emphasizing the need for the adjudicating authority to ensure natural justice principles are followed. The appellants were given an opportunity to provide evidence on the nature of expenses and their reimbursement, highlighting the importance of proper valuation under Section 67(3) of the Finance Act, 1994. en-us Mon, 31 Jan 2011 00:00:00 +0530 Sat, 18 May 2013 16:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207742 The Tribunal set aside the decision confirming service tax demand, penalties, and interest against Clearing & Forwarding Agents for undervaluation of taxable services. The case was remanded for reevaluation, emphasizing the need for the adjudicating authority to ensure natural justice principles are followed. The appellants were given an opportunity to provide evidence on the nature of expenses and their reimbursement, highlighting the importance of proper valuation under Section 67(3) of the Finance Act, 1994. Case-Laws Service Tax Mon, 31 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207742