https://www.taxtmi.com/caselaws?id=775899 The CESTAT Kolkata upheld the earlier findings of CESTAT Allahabad and the SC, ruling that receipts from ocean freight and profits from trading cargo space are not taxable under Service Tax as Business Auxiliary Service or Business Support Service. The Tribunal held that buying and selling cargo space does not constitute a service, and surplus income earned is not consideration for any taxable service. Consequently, the demand for service tax was correctly dropped by the adjudicating authority. The Revenue's appeal was dismissed, and the assessee's appeal was allowed. en-us Fri, 25 Jul 2025 00:00:00 +0530 Sat, 02 Aug 2025 07:24:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=775899 The CESTAT Kolkata upheld the earlier findings of CESTAT Allahabad and the SC, ruling that receipts from ocean freight and profits from trading cargo space are not taxable under Service Tax as Business Auxiliary Service or Business Support Service. The Tribunal held that buying and selling cargo space does not constitute a service, and surplus income earned is not consideration for any taxable service. Consequently, the demand for service tax was correctly dropped by the adjudicating authority. The Revenue's appeal was dismissed, and the assessee's appeal was allowed. Case-Laws Service Tax Fri, 25 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=775899