https://www.taxtmi.com/caselaws?id=445213 CESTAT Chennai allowed the appeal, setting aside Service Tax demands on operational surplus, service charges, and freight brokerage. The tribunal held that operational surplus from financial statements does not constitute consideration for CHA services, relying on Supreme Court precedent in Intercontinental Consultants case. For service charges during 2003-04, Trade Notice 39-CE/97 exempted sub-contracting CHA from Service Tax liability. Regarding freight brokerage, mark-up amounts were deemed profit elements, not taxable consideration for steamer agency services. The tribunal found no suppression of facts since figures were taken from appellant's financial statements, making extended limitation period inapplicable. en-us Wed, 01 Nov 2023 00:00:00 +0530 Thu, 02 Nov 2023 11:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445213 CESTAT Chennai allowed the appeal, setting aside Service Tax demands on operational surplus, service charges, and freight brokerage. The tribunal held that operational surplus from financial statements does not constitute consideration for CHA services, relying on Supreme Court precedent in Intercontinental Consultants case. For service charges during 2003-04, Trade Notice 39-CE/97 exempted sub-contracting CHA from Service Tax liability. Regarding freight brokerage, mark-up amounts were deemed profit elements, not taxable consideration for steamer agency services. The tribunal found no suppression of facts since figures were taken from appellant's financial statements, making extended limitation period inapplicable. Case-Laws Service Tax Wed, 01 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445213