https://www.taxtmi.com/caselaws?id=460 The Tribunal determined that agents merely procuring or booking orders on a commission basis do not qualify as "clearing and forwarding agents" under Section 65(25) of the Finance Act, 1994. Consequently, such agents are not liable for service tax as clearing and forwarding agents. The Tribunal overruled the decision in Prabhat Zarda Factory (Pvt.) Ltd. to the extent that it included procuring orders within the scope of clearing and forwarding services. The appeals were directed to be reviewed by the Divisional Bench based on this interpretation. en-us Thu, 22 Jun 2006 00:00:00 +0530 Mon, 23 Oct 2023 12:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460 The Tribunal determined that agents merely procuring or booking orders on a commission basis do not qualify as "clearing and forwarding agents" under Section 65(25) of the Finance Act, 1994. Consequently, such agents are not liable for service tax as clearing and forwarding agents. The Tribunal overruled the decision in Prabhat Zarda Factory (Pvt.) Ltd. to the extent that it included procuring orders within the scope of clearing and forwarding services. The appeals were directed to be reviewed by the Divisional Bench based on this interpretation. Case-Laws Service Tax Thu, 22 Jun 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460