Services covered under BAS can not be classified as C&F Agent Service

SUMMARY OF CASE LAW The activity of marketing agents was brought under the tax net with effect from 1-7-03 when BAS was introduced; same services could not be classifiable under C&F Agent Service for any previous period as the scope of C&F Agent service was not modified when BAS was introduced in the Finance Act, 1994. RELEVANT PARAGRAPH 3. We have heard both sides. We find that Commissioner (Appeals) vacated two demands confirmed against the respondents towards services classifiable under “Clearing and Forwarding Agents” availed during the material period from a few i mark...