https://www.taxtmi.com/caselaws?id=765936 CESTAT Chennai allowed the appeal regarding service tax valuation on logistics services. The tribunal held that certain charges collected by appellants including port congestion charges, port storage charges, seal amendment charges and detention charges could not be included in taxable value, following SC precedent in UOI v Intercontinental Consultants which struck down Rule 5(1) of Service Tax Valuation Rules 2006 as ultra vires. Additionally, logistics income representing markup on ocean freight was held non-taxable based on established tribunal precedents. The demand for service tax on both categories was set aside. en-us Wed, 12 Feb 2025 00:00:00 +0530 Thu, 13 Feb 2025 08:36:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765936 CESTAT Chennai allowed the appeal regarding service tax valuation on logistics services. The tribunal held that certain charges collected by appellants including port congestion charges, port storage charges, seal amendment charges and detention charges could not be included in taxable value, following SC precedent in UOI v Intercontinental Consultants which struck down Rule 5(1) of Service Tax Valuation Rules 2006 as ultra vires. Additionally, logistics income representing markup on ocean freight was held non-taxable based on established tribunal precedents. The demand for service tax on both categories was set aside. Case-Laws Service Tax Wed, 12 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765936