https://www.taxtmi.com/caselaws?id=788224 Reimbursed ocean freight charged separately by a service provider did not form part of the taxable value of its services for 01-04-2013 to 31-03-2015 because reimbursable expenditures were excluded from valuation under the pre-amendment statutory scheme; the decision applies the Intercontinental Consultants principle that inclusion became effective only prospectively from the 2015 amendment. The factual finding that the appellant bought and sold container space on a principal-to-principal basis, with invoices and risk resting with the appellant, and the absence of departmental evidence of agency, resulted in exclusion of ocean freight and the setting aside of related demands, interest and penalties. en-us Mon, 16 Mar 2026 00:00:00 +0530 Tue, 17 Mar 2026 11:50:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788224 Reimbursed ocean freight charged separately by a service provider did not form part of the taxable value of its services for 01-04-2013 to 31-03-2015 because reimbursable expenditures were excluded from valuation under the pre-amendment statutory scheme; the decision applies the Intercontinental Consultants principle that inclusion became effective only prospectively from the 2015 amendment. The factual finding that the appellant bought and sold container space on a principal-to-principal basis, with invoices and risk resting with the appellant, and the absence of departmental evidence of agency, resulted in exclusion of ocean freight and the setting aside of related demands, interest and penalties. Case-Laws Service Tax Mon, 16 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788224