Services performed on principal-to-principal basis not classifiable as intermediary service

SNQS International Socks Private Limited Vs Commissioner of Central Excise and Service Tax (CESTAT Chennai) CESTAT Chennai held that as appellant is providing main service i.e. business support service on his own account and is not acting as an intermediary i.e. the services were performed by the appellant on a principal-to-principal basis and at arm’s length basis. Facts- The appellant are engaged in providing design and product development, evaluation and vendor development, quality monitoring and other related services to its foreign client in procurement of goods and receives remuneratio...