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HomeIndirect TaxesFreight Margin on Cargo Space Not Taxable: CESTAT

Freight Margin on Cargo Space Not Taxable: CESTAT

Indirect Taxes

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By Mariya Paliwala
Freight Margin on Cargo Space Not Taxable: CESTAT

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The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has set aside substantial service tax demands holding that profit margins earned from booking and selling cargo space are not liable to service tax, and reimbursable expenses cannot be included in the taxable value for the relevant period. The bench of  M….

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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