https://www.taxtmi.com/caselaws?id=773470 CESTAT Bangalore set aside service tax demand on appellant's procurement and sale of export scrips. The tribunal found no actual service was rendered as appellant merely purchased scrips at discounted prices and sold them for profit margin, already subject to VAT. The valuation based on difference between face value and purchase price violated legal provisions. Extended limitation period was improperly invoked without valid suppression grounds. Appeal allowed on both merits and limitation, citing precedent that sales transactions with incidental elements cannot attract service tax when already subject to sales tax. en-us Mon, 07 Apr 2025 00:00:00 +0530 Mon, 23 Jun 2025 12:27:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773470 CESTAT Bangalore set aside service tax demand on appellant's procurement and sale of export scrips. The tribunal found no actual service was rendered as appellant merely purchased scrips at discounted prices and sold them for profit margin, already subject to VAT. The valuation based on difference between face value and purchase price violated legal provisions. Extended limitation period was improperly invoked without valid suppression grounds. Appeal allowed on both merits and limitation, citing precedent that sales transactions with incidental elements cannot attract service tax when already subject to sales tax. Case-Laws Service Tax Mon, 07 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773470