https://www.taxtmi.com/caselaws?id=443890 Mark-up earned on ocean freight was treated as trading income arising from purchase and sale of cargo space, not as consideration for a taxable service. On that reasoning, the service tax demand could not survive, particularly because an earlier decision in the same assessee's case had already taken the same view for a prior period. The demand was set aside and the appeals were allowed. en-us Tue, 08 Aug 2023 00:00:00 +0530 Wed, 04 Oct 2023 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443890 Mark-up earned on ocean freight was treated as trading income arising from purchase and sale of cargo space, not as consideration for a taxable service. On that reasoning, the service tax demand could not survive, particularly because an earlier decision in the same assessee's case had already taken the same view for a prior period. The demand was set aside and the appeals were allowed. Case-Laws Service Tax Tue, 08 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443890