https://www.taxtmi.com/caselaws?id=763097 CESTAT New Delhi set aside recovery proceedings against appellant for alleged non-payment of Service Tax on mark-up charges for freight income during 2010-11 to 2017. Following precedent in MARINETRANS INDIA case, Tribunal held that buying and selling cargo space in ships does not constitute rendering service. Since appellant operated on principal-to-principal basis purchasing space from shipping lines/airlines and selling to importers/exporters, without acting as agent/intermediary, the activity was not liable to Service Tax. Appeal allowed. en-us Thu, 12 Dec 2024 00:00:00 +0530 Thu, 12 Dec 2024 14:28:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763097 CESTAT New Delhi set aside recovery proceedings against appellant for alleged non-payment of Service Tax on mark-up charges for freight income during 2010-11 to 2017. Following precedent in MARINETRANS INDIA case, Tribunal held that buying and selling cargo space in ships does not constitute rendering service. Since appellant operated on principal-to-principal basis purchasing space from shipping lines/airlines and selling to importers/exporters, without acting as agent/intermediary, the activity was not liable to Service Tax. Appeal allowed. Case-Laws Service Tax Thu, 12 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763097