https://www.taxtmi.com/caselaws?id=418706 The Tribunal ruled in favor of the appellant, holding that the amounts labeled as "Brokerage recoverable" were reimbursements of expenses and not subject to Service Tax under Asset Management Services. The appellant was classified as a "pure agent" exempt from Service Tax on reimbursable expenses. Service Tax was deemed inapplicable on reimbursable expenses based on the Supreme Court decision. The Tribunal found the Department's invocation of the extended period of limitation unjustified. The impugned order was set aside, and the appeal was allowed with consequential reliefs. en-us Mon, 21 Feb 2022 00:00:00 +0530 Sat, 14 Oct 2023 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418706 The Tribunal ruled in favor of the appellant, holding that the amounts labeled as "Brokerage recoverable" were reimbursements of expenses and not subject to Service Tax under Asset Management Services. The appellant was classified as a "pure agent" exempt from Service Tax on reimbursable expenses. Service Tax was deemed inapplicable on reimbursable expenses based on the Supreme Court decision. The Tribunal found the Department's invocation of the extended period of limitation unjustified. The impugned order was set aside, and the appeal was allowed with consequential reliefs. Case-Laws Service Tax Mon, 21 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418706