2019 (4) TMI 2146

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..... from shipping line for slots that were booked on ships according to instructions from exporters, and it was held by CESTAT set aside the demand holding that The notional surplus earned thereby arises from purchases and sale of space and not by acting for a client who has space or slot on a vessel. Section 65(19) ibid will not address these independent principal-to-principal transactions of the a .....

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