https://www.taxtmi.com/caselaws?id=245 The Appellate Tribunal CESTAT (New Delhi) ruled in favor of the appellant, an Air Travel Agent, in a case concerning the calculation of service tax liability. The dispute centered on whether the tax should be based on the "basic fare" or the total margin realized by the appellant from ticket sales. The Tribunal held that the tax should be levied on the margin retained by the appellant, considering it as the agency commission, rather than the printed fare on tickets. Consequently, the excess service tax demand was set aside, and no penalty was imposed due to the appellant's compliance with tax obligations. en-us Wed, 16 Feb 2005 00:00:00 +0530 Sun, 13 Apr 2008 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245 The Appellate Tribunal CESTAT (New Delhi) ruled in favor of the appellant, an Air Travel Agent, in a case concerning the calculation of service tax liability. The dispute centered on whether the tax should be based on the "basic fare" or the total margin realized by the appellant from ticket sales. The Tribunal held that the tax should be levied on the margin retained by the appellant, considering it as the agency commission, rather than the printed fare on tickets. Consequently, the excess service tax demand was set aside, and no penalty was imposed due to the appellant's compliance with tax obligations. Case-Laws Service Tax Wed, 16 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245