https://www.taxtmi.com/caselaws?id=769991 CESTAT Chennai allowed the appeal, ruling that reimbursable expenses incurred by a Customs House Agent cannot be included in taxable value following SC's decision in UOI v Intercontinental Consultants. The tribunal held that service tax demands based solely on profit and loss account entries without evidence of consideration for services are unsustainable. Extended limitation period and penalties were deemed unjustified as no suppression or willful misstatement was established by the department. en-us Fri, 02 May 2025 00:00:00 +0530 Sat, 16 May 2026 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769991 CESTAT Chennai allowed the appeal, ruling that reimbursable expenses incurred by a Customs House Agent cannot be included in taxable value following SC's decision in UOI v Intercontinental Consultants. The tribunal held that service tax demands based solely on profit and loss account entries without evidence of consideration for services are unsustainable. Extended limitation period and penalties were deemed unjustified as no suppression or willful misstatement was established by the department. Case-Laws Service Tax Fri, 02 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769991