https://www.taxtmi.com/caselaws?id=793573 Ocean freight and air freight collected by a freight forwarder on a principal-to-principal basis were treated as independent transactions, not intermediary activity. The Board circular recognised that where the freight forwarder acts on its own account and assumes contractual responsibility and transportation risk, the service is not to be classified as an intermediary service. Following its earlier decisions, including in the assessee's own cases, CESTAT held that such freight receipts are not taxable as Business Support Service. The corresponding demand, interest and penalties could not be sustained. en-us Tue, 16 Jun 2026 00:00:00 +0530 Fri, 19 Jun 2026 08:24:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793573 Ocean freight and air freight collected by a freight forwarder on a principal-to-principal basis were treated as independent transactions, not intermediary activity. The Board circular recognised that where the freight forwarder acts on its own account and assumes contractual responsibility and transportation risk, the service is not to be classified as an intermediary service. Following its earlier decisions, including in the assessee's own cases, CESTAT held that such freight receipts are not taxable as Business Support Service. The corresponding demand, interest and penalties could not be sustained. Case-Laws Service Tax Tue, 16 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793573