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April 2014

2014 (33) STR 422 (Tri-Chennai) Uniworld Logistics Private Limited vs. Commissioner of Service Tax, Chennai

By Puloma Dalal, Jayesh Gogri, Mandar Telang Chartered Accountants
Reading Time 1 mins
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Whether profit earned on ocean freight is exigible to Service tax under ‘Business Auxiliary Service’?

Tribunal took a prima facie view that, Service tax is not applicable on the profit earned on ocean freight by Appellant and its foreign counterparts while granting unconditional stay against Order of department demanding Service tax under ‘Business Auxiliary Service’.

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