Case Law Analysis
|Custom, Excise & Service Tax Tribunal
Pre-2015 Service Tax Valuation | Ocean Freight Collected as Principal Not Taxable Under Section 67: CESTAT Chennai
CESTAT Chennai rules that ocean freight charges collected by multimodal transporters on a principal-to-principal basis between 2013-2015 are not includible in taxable value under the unamended Section 67 of the Finance Act. The ruling clarifies that reimbursable expenditures, when not billed to the end customer, escape service tax liability, offering relief to logistics service providers in pre-GST disputes.