Appellate Tribunal rules in favor of appellant, finding NSE/BSE transaction charges time-barred. Stay petition granted.

The Appellate Tribunal CESTAT, Ahmedabad ruled in favor of the appellant, finding the demand for NSE/BSE transaction charges time-barred. It was established that NSE transaction charges were not subject to service tax before May 2008. The appellant's stay petition was granted, and the appeal was set for final disposal on 9-6-2010.

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The Appellate Tribunal CESTAT, Ahmedabad ruled in favor of the appellant regarding the demand for NSE/BSE transaction charges. The demand was found to be time-barred, and it was noted that NSE transaction charges were not liable to service tax before May 2008. The appellant's stay petition was allowed, and the appeal was scheduled for final disposal on 9-6-2010.

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