https://www.taxtmi.com/caselaws?id=210176 The Tribunal ruled in favor of the stock broker appellant, holding that transaction charges paid to the exchange were not liable for service tax under the definition of "Stock Brokers' Service." The appellants' argument that the charges were reimbursed from clients and not part of taxable stock broker service was accepted. The Tribunal also granted a stay and waived the pre-deposit of service tax, interest, and penalty, based on the appellant's strong case presentation. en-us Mon, 09 May 2011 00:00:00 +0530 Sat, 24 Nov 2012 13:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210176 The Tribunal ruled in favor of the stock broker appellant, holding that transaction charges paid to the exchange were not liable for service tax under the definition of "Stock Brokers' Service." The appellants' argument that the charges were reimbursed from clients and not part of taxable stock broker service was accepted. The Tribunal also granted a stay and waived the pre-deposit of service tax, interest, and penalty, based on the appellant's strong case presentation. Case-Laws Service Tax Mon, 09 May 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210176