2012 (7) TMI 288 - AT - Service Tax

Taxability - Overseas commission agent services received period prior to 18.04.2006 - Held that - Liability under Finance Act 1994 for availing service of foreign agents arise after 18.04.2006 following Apex Court decision in case of Indian National Shipowners Association v. Union of India (2010 - TMI - 78723 - Supreme Court of India) - Decided in favor of assessee.

Summary

The appellate tribunal in Ahmedabad allowed the appeal filed by the appellant for waiver of service tax amounting to Rs. 34,88,004/- with interest and penalties. The tribunal set aside the order confirming the tax liability, citing a judgment of the Hon'ble High Court of Bombay which was upheld by the Apex court.