This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
No Service Tax on Gold Coin Sales as Activity Held to Be Trading, Not Consignment Service
Case Law Details
- Case Name
- South Indian Bank Vs Commissioner of Central Excise and Service Tax (CESTAT Bangalore)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All CESTAT, CESTAT Bangalore
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
South Indian Bank Vs Commissioner of Central Excise and Service Tax (CESTAT Bangalore)
The appeal was filed against an order confirming service tax demand of ₹1,56,46,660 along with interest and penalties under Sections 77 and 78 of the Finance Act, 1994. The dispute concerned whether the appellant was providing “Consignment Agent services” in relation to import and sale of gold coins during the period September 2011 to March 2014.
The Revenue alleged that the appellant imported gold coins on a consignment basis and earned income from their sale, thereby rendering servic...
Author Info
