https://www.taxtmi.com/caselaws?id=752511 CESTAT New Delhi allowed the appeal, ruling that the transaction between appellant and coal companies constituted sale/purchase on principal-to-principal basis rather than taxable business auxiliary service. The Tribunal held that appellant was not acting as agent but purchasing coal for resale with 5% margin, paying VAT on entire sale amount. Following precedents from petroleum sector cases, the Tribunal found no service element existed to attract service tax liability, distinguishing this from agency arrangements covered under business auxiliary service provisions. en-us Fri, 10 May 2024 00:00:00 +0530 Fri, 24 May 2024 09:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=752511 CESTAT New Delhi allowed the appeal, ruling that the transaction between appellant and coal companies constituted sale/purchase on principal-to-principal basis rather than taxable business auxiliary service. The Tribunal held that appellant was not acting as agent but purchasing coal for resale with 5% margin, paying VAT on entire sale amount. Following precedents from petroleum sector cases, the Tribunal found no service element existed to attract service tax liability, distinguishing this from agency arrangements covered under business auxiliary service provisions. Case-Laws Service Tax Fri, 10 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=752511