https://www.taxtmi.com/caselaws?id=31924 Reimbursable expenses forming part of a clearing and forwarding agent's remuneration were treated as excludible from service tax valuation where the governing arrangement and the applicable Board circular supported exclusion. The authorities could not deny the benefit merely because the expenses were met from the assessee's own resources. However, the exclusion was contractually capped at 1% of net sales, so the relief could operate only within that agreed ceiling. The claim for exclusion was therefore accepted to that extent, with consequential relief limited accordingly. en-us Thu, 21 Aug 2008 00:00:00 +0530 Mon, 02 Feb 2009 13:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31924 Reimbursable expenses forming part of a clearing and forwarding agent's remuneration were treated as excludible from service tax valuation where the governing arrangement and the applicable Board circular supported exclusion. The authorities could not deny the benefit merely because the expenses were met from the assessee's own resources. However, the exclusion was contractually capped at 1% of net sales, so the relief could operate only within that agreed ceiling. The claim for exclusion was therefore accepted to that extent, with consequential relief limited accordingly. Case-Laws Service Tax Thu, 21 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31924