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Service Tax - Highlights / Catch Notes

Home Highlights July 2017 Year 2017 This

Business auxiliary services - various components of the sale ...


Income from 'trade margin' in business auxiliary services is payment for services, not trading profit, without goods ownership.

July 7, 2017

Case Laws     Service Tax     AT

Business auxiliary services - various components of the sale value recovered as ‘trade margin’ - 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

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