https://www.taxtmi.com/caselaws?id=378090 The Tribunal held that the freight forwarder was not liable to pay service tax on profits earned from trading spaces on ships as they operated on a principal to principal basis. The decision was supported by a previous Tribunal ruling and a CBEC circular, emphasizing that service tax liability arises when acting as an intermediary. The impugned order was set aside, and the appeal was allowed. en-us Thu, 17 Jan 2019 00:00:00 +0530 Tue, 27 Oct 2020 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378090 The Tribunal held that the freight forwarder was not liable to pay service tax on profits earned from trading spaces on ships as they operated on a principal to principal basis. The decision was supported by a previous Tribunal ruling and a CBEC circular, emphasizing that service tax liability arises when acting as an intermediary. The impugned order was set aside, and the appeal was allowed. Case-Laws Service Tax Thu, 17 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378090