No service tax on sale transaction on principal to principal by treating discount as commission

T.V. Sundram Iyengar & Sons Pvt Ltd. Vs Commissioner of CGST And Central Excise (Madras High Court) The learned Senior counsel would further contend that an agreement will have to be read as a whole and that the individual clauses occurring in the agreement cannot be torn out of context. In this regard, he placed reliance on the decision of the Supreme Court reported in 2008 (10) S.T.R. 545 (SUPER POLY FABRICKS LTD.,  V. COMMISSIONER OF C. EX., PUNJAB). In the aforesaid decision, the Supreme Court held that there may not be any doubt whatsoever that a document has to be read as a whole. T...