https://www.taxtmi.com/caselaws?id=4332 For the relevant pre-levy period, service tax on clearing and forwarding agents service was not sustainable where the governing issue had already been decided by binding precedent. The Tribunal applied the same legal principle earlier adopted in the goods transport operators and L.H. Sugar Factories Ltd. line of decisions, and rejected the departmental reliance on Sections 70, 71A and 73 of the Finance Act, 1994. As a result, the demand and penalty could not be maintained, and the assessment and penalty orders were set aside with consequential relief to the assessee. en-us Mon, 09 Apr 2007 00:00:00 +0530 Thu, 26 Jun 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4332 For the relevant pre-levy period, service tax on clearing and forwarding agents service was not sustainable where the governing issue had already been decided by binding precedent. The Tribunal applied the same legal principle earlier adopted in the goods transport operators and L.H. Sugar Factories Ltd. line of decisions, and rejected the departmental reliance on Sections 70, 71A and 73 of the Finance Act, 1994. As a result, the demand and penalty could not be maintained, and the assessment and penalty orders were set aside with consequential relief to the assessee. Case-Laws Service Tax Mon, 09 Apr 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4332