https://www.taxtmi.com/caselaws?id=759452 CESTAT Kolkata set aside service tax demands totaling Rs.1,96,84,415 against the appellant for 2006-07 to 2009-10. The tribunal held that reimbursable expenses received from clients were not includable in taxable value prior to 14.05.2015, following SC precedent in Intercontinental Consultants case. Commission amounts earned from selling shipping space purchased from shipping lines at higher rates to clients constituted business profits from principal-to-principal transactions, not taxable services under business auxiliary service category. Penalties were also set aside as demands were quashed. Appeal allowed. en-us Wed, 25 Sep 2024 00:00:00 +0530 Tue, 01 Oct 2024 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759452 CESTAT Kolkata set aside service tax demands totaling Rs.1,96,84,415 against the appellant for 2006-07 to 2009-10. The tribunal held that reimbursable expenses received from clients were not includable in taxable value prior to 14.05.2015, following SC precedent in Intercontinental Consultants case. Commission amounts earned from selling shipping space purchased from shipping lines at higher rates to clients constituted business profits from principal-to-principal transactions, not taxable services under business auxiliary service category. Penalties were also set aside as demands were quashed. Appeal allowed. Case-Laws Service Tax Wed, 25 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759452