https://www.taxtmi.com/caselaws?id=754076 Air and ocean freight charges, together with mark-up on purchase and sale of cargo space, were treated as consideration from principal-to-principal trading and not as payment for a taxable service. The Tribunal held that the freight differential did not constitute business support service or any other service under the pre-01.07.2012 regime. For the post-01.07.2012 period, it further found that export cargo transportation fell outside India under the place of provision rule and did not amount to intermediary service. Demand, interest and penalties were therefore unsustainable. en-us Thu, 06 Jun 2024 00:00:00 +0530 Sat, 15 Jun 2024 12:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754076 Air and ocean freight charges, together with mark-up on purchase and sale of cargo space, were treated as consideration from principal-to-principal trading and not as payment for a taxable service. The Tribunal held that the freight differential did not constitute business support service or any other service under the pre-01.07.2012 regime. For the post-01.07.2012 period, it further found that export cargo transportation fell outside India under the place of provision rule and did not amount to intermediary service. Demand, interest and penalties were therefore unsustainable. Case-Laws Service Tax Thu, 06 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754076