https://www.taxtmi.com/caselaws?id=377367 The Tribunal held that the mark-up collected on ocean freight by the appellants was not subject to service tax as it constituted profit in the transaction, not commission. Relying on a precedent, the Tribunal determined that the activity was akin to trading and not a taxable service. Consequently, the demand for service tax was set aside, and the appeal was allowed with consequential reliefs. The bench comprising Smt. Sulekha Beevi C.S and Shri Madhu Mohan Damodhar pronounced the judgment. en-us Thu, 17 Jan 2019 00:00:00 +0530 Thu, 28 Mar 2019 07:02:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377367 The Tribunal held that the mark-up collected on ocean freight by the appellants was not subject to service tax as it constituted profit in the transaction, not commission. Relying on a precedent, the Tribunal determined that the activity was akin to trading and not a taxable service. Consequently, the demand for service tax was set aside, and the appeal was allowed with consequential reliefs. The bench comprising Smt. Sulekha Beevi C.S and Shri Madhu Mohan Damodhar pronounced the judgment. Case-Laws Service Tax Thu, 17 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377367