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2014 (8) TMI 511 - AT - Service TaxBusiness Auxiliary Service - Receipt of commission or trading activity - Held that:- Notwithstanding the claim by the appellants to be a canalizing agent, the transactions between NMDC and the appellants are in the nature of purchase and sale as duly recorded by the Commissioner. This is also the view held by the Sales Tax Department and Income Tax Department. Therefore, we do not, prima facie, treat the profit earned by the appellants as consideration towards service rendered to NMDC - Therefore, there shall be waiver of predeposit of dues as per the impugned order and stay of recovery thereof till the disposal of the appeal - Stay granted.
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