https://www.taxtmi.com/caselaws?id=294306 Brokerage recorded as inclusive of service tax had to be reduced by the tax element before computing further service tax, as the tax component could not be taxed again. The Tribunal also rejected the Revenue's objection on precedent, holding that an earlier Tribunal decision carries precedent value and is binding on parties and Benches. On that basis, the exclusion of the service tax element was upheld and the Revenue's challenge failed. en-us Wed, 17 May 2000 00:00:00 +0530 Mon, 05 Apr 2021 18:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294306 Brokerage recorded as inclusive of service tax had to be reduced by the tax element before computing further service tax, as the tax component could not be taxed again. The Tribunal also rejected the Revenue's objection on precedent, holding that an earlier Tribunal decision carries precedent value and is binding on parties and Benches. On that basis, the exclusion of the service tax element was upheld and the Revenue's challenge failed. Case-Laws Service Tax Wed, 17 May 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294306