https://www.taxtmi.com/caselaws?id=464327 CESTAT allowed the appeal and set aside the impugned orders, holding that service tax cannot be levied on the markup collected over ocean freight. The Tribunal applied its earlier reasoning and noted the Supreme Court's affirmation that ocean freight per se is not taxable and consequently the markup on such freight is not liable to service tax. The demand raised for service tax on the freight markup was held unsustainable and is therefore annulled. en-us Mon, 02 Sep 2024 00:00:00 +0530 Sun, 19 Oct 2025 14:38:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464327 CESTAT allowed the appeal and set aside the impugned orders, holding that service tax cannot be levied on the markup collected over ocean freight. The Tribunal applied its earlier reasoning and noted the Supreme Court's affirmation that ocean freight per se is not taxable and consequently the markup on such freight is not liable to service tax. The demand raised for service tax on the freight markup was held unsustainable and is therefore annulled. Case-Laws Service Tax Mon, 02 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464327