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Service Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

BAS - Commission received - Notional surplus earned from ...


Commission from space trade as principal-to-principal transaction exempt from service tax u/s 65(19).

April 15, 2016

Case Laws     Service Tax     AT

BAS - Commission received - Notional surplus earned from purchases and sale of space and not by acting for a client who has space or slot on a vessel comes under principal-to-principal transactions, not addressable u/s 65(19) - AT

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