https://www.taxtmi.com/caselaws?id=349695 The Tribunal ruled in favor of the appellant in an appeal concerning tax liability on commissions earned from arranging vessel charters for overseas clients. The Tribunal held that the services provided were not taxable as they were exported, rejecting the imposition of penalties and finding the demand for tax unsustainable. The appellant's argument for exemption under the Export of Service Rules, 2005 was accepted, emphasizing that the services were provided to recipients outside India, qualifying for exemption despite consideration received in Indian currency. The decision allowed the appellant's appeal, dismissed Revenue's appeal, and disposed of the cross-objection. en-us Fri, 31 Mar 2017 00:00:00 +0530 Wed, 13 Feb 2019 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349695 The Tribunal ruled in favor of the appellant in an appeal concerning tax liability on commissions earned from arranging vessel charters for overseas clients. The Tribunal held that the services provided were not taxable as they were exported, rejecting the imposition of penalties and finding the demand for tax unsustainable. The appellant's argument for exemption under the Export of Service Rules, 2005 was accepted, emphasizing that the services were provided to recipients outside India, qualifying for exemption despite consideration received in Indian currency. The decision allowed the appellant's appeal, dismissed Revenue's appeal, and disposed of the cross-objection. Case-Laws Service Tax Fri, 31 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349695