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2017 (7) TMI 194 - CESTAT MUMBAIBusiness auxiliary services - various components of the sale value recovered as ‘trade margin’ i.e., the difference between the sale price and the purchase price - Held that: - the appellant deducts service charges of 2% on exports, bank charges and trade margin etc. If the transactions were one of trading, the appellant would have treated the sale value of goods as receipts from which expenditures is to be deducted instead of treating them as receipts. Taken in conjunction with the admitted fact that the appellant does not, at any stage, become the owner of the goods, there can be no doubt that the said income is not trading profit but is consideration for some specific services rendered by the appellant - appeal dismissed - decided against appellant.
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