https://www.taxtmi.com/caselaws?id=336882 The Tribunal allowed the appeal, setting aside the rejection of the refund claim for service tax paid on brokerage charges collected from Foreign Investment Institutions. It was determined that the services provided to Foreign Institutional Investors constituted export of services, exempting them from service tax liability. The Tribunal held that the unjust enrichment principle did not apply in the case of export of services, leading to the decision in favor of the appellant and granting consequential relief. en-us Wed, 16 Nov 2016 00:00:00 +0530 Mon, 02 Jan 2017 14:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336882 The Tribunal allowed the appeal, setting aside the rejection of the refund claim for service tax paid on brokerage charges collected from Foreign Investment Institutions. It was determined that the services provided to Foreign Institutional Investors constituted export of services, exempting them from service tax liability. The Tribunal held that the unjust enrichment principle did not apply in the case of export of services, leading to the decision in favor of the appellant and granting consequential relief. Case-Laws Service Tax Wed, 16 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336882