https://www.taxtmi.com/caselaws?id=274523 The Appellate Tribunal CESTAT Bangalore ruled on the valuation of taxable services for Clearing and Forwarding Agents and the limitation period for tax assessment. The Tribunal upheld excluding actual reimbursable expenses from taxable value and corrected the limitation period calculation. The decision emphasized differentiating expenses for the principal and adhering to legal timelines for tax assessments. The Commissioner (Appeals) was directed to recalculate tax liability based on the Tribunal's instructions, allowing the Revenue's appeal partly on the limitation issue. en-us Mon, 07 Aug 2017 00:00:00 +0530 Sun, 19 Aug 2018 11:45:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274523 The Appellate Tribunal CESTAT Bangalore ruled on the valuation of taxable services for Clearing and Forwarding Agents and the limitation period for tax assessment. The Tribunal upheld excluding actual reimbursable expenses from taxable value and corrected the limitation period calculation. The decision emphasized differentiating expenses for the principal and adhering to legal timelines for tax assessments. The Commissioner (Appeals) was directed to recalculate tax liability based on the Tribunal's instructions, allowing the Revenue's appeal partly on the limitation issue. Case-Laws Service Tax Mon, 07 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274523