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        Service Tax

        2010 (6) TMI 247 - AT - Service Tax

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        CESTAT Upheld Service Tax on Stock Broker's NSE/BSE Transactions The Appellate Tribunal CESTAT, Ahmedabad confirmed service tax against a stock broker on NSE/BSE transactions charges. The tribunal allowed the stay ...
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                        Provisions expressly mentioned in the judgment/order text.

                            CESTAT Upheld Service Tax on Stock Broker's NSE/BSE Transactions

                            The Appellate Tribunal CESTAT, Ahmedabad confirmed service tax against a stock broker on NSE/BSE transactions charges. The tribunal allowed the stay petition without pre-deposit, remanding the matter for further decision.


                            The Appellate Tribunal CESTAT, Ahmedabad confirmed service tax of Rs. 6,16,715 against a stock broker on NSE/BSE transactions charges. NSE transaction charges became liable to service tax from May 2008. The tribunal allowed the stay petition without pre-deposit, remanding the matter to Commissioner (Appeals) for decision on merits.
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