https://www.taxtmi.com/caselaws?id=762950 CESTAT Ahmedabad dismissed revenue's appeal regarding refund of service tax paid on ocean freight during May-June 2017. The appellant had paid service tax on full transportation value without claiming exemption under Notification 26/2012-ST. Following Notifications 15/2017-ST and 16/2017-ST effective April 23, 2017, importers became liable for service tax at 1.4% on CIF value instead of shipping agents. The tribunal upheld the refund claim, citing precedents including Panasonic Energy India case and Gujarat HC's Mohit Minerals judgment, finding the tax payment was voluntary deposit as no liability existed under the amended provisions. en-us Mon, 02 Dec 2024 00:00:00 +0530 Tue, 10 Dec 2024 17:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762950 CESTAT Ahmedabad dismissed revenue's appeal regarding refund of service tax paid on ocean freight during May-June 2017. The appellant had paid service tax on full transportation value without claiming exemption under Notification 26/2012-ST. Following Notifications 15/2017-ST and 16/2017-ST effective April 23, 2017, importers became liable for service tax at 1.4% on CIF value instead of shipping agents. The tribunal upheld the refund claim, citing precedents including Panasonic Energy India case and Gujarat HC's Mohit Minerals judgment, finding the tax payment was voluntary deposit as no liability existed under the amended provisions. Case-Laws Service Tax Mon, 02 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762950