https://www.taxtmi.com/caselaws?id=248894 The Tribunal granted the Applicant a waiver of predeposit of Service Tax and penalty under Section 78 of the Finance Act, 1994. The decision was based on the Applicant's demonstration that Bunker Surcharges (BS) and Currency Adjustment Factor (CAF) Charges were related to Ocean Freight, entirely transferred to the Overseas Liner, and that proper service tax obligations were discharged. The Tribunal found in favor of the Applicant, staying the recovery during the appeal's pendency. en-us Wed, 15 Jan 2014 00:00:00 +0530 Fri, 12 Sep 2014 14:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248894 The Tribunal granted the Applicant a waiver of predeposit of Service Tax and penalty under Section 78 of the Finance Act, 1994. The decision was based on the Applicant's demonstration that Bunker Surcharges (BS) and Currency Adjustment Factor (CAF) Charges were related to Ocean Freight, entirely transferred to the Overseas Liner, and that proper service tax obligations were discharged. The Tribunal found in favor of the Applicant, staying the recovery during the appeal's pendency. Case-Laws Service Tax Wed, 15 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248894