Home Case Index All Cases Service Tax Service Tax + AT Service Tax - 2012 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2012 (10) TMI 597 - CESTAT, BANGALOREDemand of service tax - Business Auxiliary Service - appellant was functioning as a commission agent for AAI by collecting PSF for AAI and remitting the collections to them – Held that:- Collection charges at the rate of 2.5% on PSF were adjusted against a penal interest leviable from the appellant at the rate of 18% on the PSF collected and retained by them till its remittance to AAI. It would appear from these adjustments that collection charges were eventually received by the appellant from AAI. These charges constituted the taxable value for the impugned levy - appellant directed to pre-deposit partly.
|