https://www.taxtmi.com/caselaws?id=1718 The exemption under Notification No. 13/2003-S.T. was examined in relation to commission earned from mutual fund distribution, turning on whether mutual fund units could be treated as "goods" for commission-agent exemption under business auxiliary services. The assessee relied on the statutory meaning of goods and SEBI's understanding of mutual fund units, but the authorities had not recorded a finding on this specific plea and had proceeded on the assumption that the exemption was unavailable. The matter was remanded to the jurisdictional Dy. Commissioner of Service Tax for fresh factual and legal determination after granting a reasonable opportunity of hearing. en-us Fri, 09 Mar 2007 00:00:00 +0530 Tue, 15 Apr 2008 09:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1718 The exemption under Notification No. 13/2003-S.T. was examined in relation to commission earned from mutual fund distribution, turning on whether mutual fund units could be treated as "goods" for commission-agent exemption under business auxiliary services. The assessee relied on the statutory meaning of goods and SEBI's understanding of mutual fund units, but the authorities had not recorded a finding on this specific plea and had proceeded on the assumption that the exemption was unavailable. The matter was remanded to the jurisdictional Dy. Commissioner of Service Tax for fresh factual and legal determination after granting a reasonable opportunity of hearing. Case-Laws Service Tax Fri, 09 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1718