No Service Tax for Selling Coal to End Consumers: CESTAT rules in Favour of NCCF [Read Order]
The CESTAT observed that, as per the coal policy, the appellant is selling coal at a price whereby he is getting a profit margin of 5% on the base price. The resale price has been fixed by an agreement between the parties
The Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) has ruled that service tax is not payable by the National Co-Operative Consumers’ Federation of India,( NCCF ) since they are adding 5% margin money, collecting the sale price from the consumers, and paying the sales tax on the entire amount…
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