https://www.taxtmi.com/caselaws?id=370681 The Tribunal ruled in favor of the appellant on issues related to the taxability of brokerage income and special commission from trading freight space, citing precedents that such activities do not attract service tax. The demand for service tax on Air Commission under BAS was set aside due to reasonable cause and subsequent clarification, leading to the waiver of penalties. The extended period of limitation for service tax demand was also set aside based on reasonable cause, resulting in the demand being dismissed. However, the Tribunal did not address the appellant's claim for exemption under a specific notification or the basis of demanding service tax on an accrual basis. en-us Tue, 13 Nov 2018 00:00:00 +0530 Thu, 22 Nov 2018 06:39:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370681 The Tribunal ruled in favor of the appellant on issues related to the taxability of brokerage income and special commission from trading freight space, citing precedents that such activities do not attract service tax. The demand for service tax on Air Commission under BAS was set aside due to reasonable cause and subsequent clarification, leading to the waiver of penalties. The extended period of limitation for service tax demand was also set aside based on reasonable cause, resulting in the demand being dismissed. However, the Tribunal did not address the appellant's claim for exemption under a specific notification or the basis of demanding service tax on an accrual basis. Case-Laws Service Tax Tue, 13 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370681