https://www.taxtmi.com/caselaws?id=186391 The Tribunal set aside the demand of Rs. 2,56,896/- related to the taxability of surplus income from advance booking of air freight space, ruling that it did not constitute 'business auxiliary service'. Additionally, the demand of Rs. 2,07,44,989/- for services rendered to a SEZ entity was dismissed, with the Tribunal holding that the statutory exemption under the SEZ Act, 2005, prevailed over the conditional exemption notification. The Tribunal emphasized the importance of the SEZ Act, 2005, and criticized the lack of diligence and natural justice in the Revenue's actions. en-us Wed, 08 Jun 2016 00:00:00 +0530 Fri, 07 Apr 2017 18:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186391 The Tribunal set aside the demand of Rs. 2,56,896/- related to the taxability of surplus income from advance booking of air freight space, ruling that it did not constitute 'business auxiliary service'. Additionally, the demand of Rs. 2,07,44,989/- for services rendered to a SEZ entity was dismissed, with the Tribunal holding that the statutory exemption under the SEZ Act, 2005, prevailed over the conditional exemption notification. The Tribunal emphasized the importance of the SEZ Act, 2005, and criticized the lack of diligence and natural justice in the Revenue's actions. Case-Laws Service Tax Wed, 08 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186391