https://www.taxtmi.com/caselaws?id=770132 The SC examined the service tax liability of a sub-agent receiving incentives from an IATA agent for buying and selling airline cargo space. The court held that such incentives do not constitute taxable services under Business Auxiliary Service (BAS) since the transaction involves only two parties and represents a trading activity. The court rejected the revenue's arguments, finding no service tax liability on volume-based discounts, and emphasized that incentives are not consideration for services rendered. en-us Tue, 29 Apr 2025 00:00:00 +0530 Wed, 07 May 2025 09:18:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770132 The SC examined the service tax liability of a sub-agent receiving incentives from an IATA agent for buying and selling airline cargo space. The court held that such incentives do not constitute taxable services under Business Auxiliary Service (BAS) since the transaction involves only two parties and represents a trading activity. The court rejected the revenue's arguments, finding no service tax liability on volume-based discounts, and emphasized that incentives are not consideration for services rendered. Case-Laws Service Tax Tue, 29 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770132