https://www.taxtmi.com/caselaws?id=802452 Target-based and non-target-based incentives and claims received by a vehicle dealer are not liable to service tax where they arise from principal-to-principal trading in goods rather than consideration for a separate service. Under the Finance Act, 1994, a service involves an activity performed for another for consideration and includes declared services, but excludes a mere transfer of title in goods. Trade and quantity discounts relate to trading transactions even when credited after purchase or reimbursed after sales to customers. Their calculation or credit after a transaction does not by itself make them consideration for a taxable service. en-us Wed, 04 Nov 2026 00:00:00 +0530 Fri, 06 Nov 2026 08:29:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=802452 Target-based and non-target-based incentives and claims received by a vehicle dealer are not liable to service tax where they arise from principal-to-principal trading in goods rather than consideration for a separate service. Under the Finance Act, 1994, a service involves an activity performed for another for consideration and includes declared services, but excludes a mere transfer of title in goods. Trade and quantity discounts relate to trading transactions even when credited after purchase or reimbursed after sales to customers. Their calculation or credit after a transaction does not by itself make them consideration for a taxable service. Case-Laws Service Tax Wed, 04 Nov 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=802452