https://www.taxtmi.com/caselaws?id=237430 The Appellate Tribunal CESTAT NEW DELHI confirmed service tax liability of approximately Rs.16.4 lakhs on the assessee for 'stock broker' and banking services. Relief was granted for certain components, reducing the liability to around Rs.1.26 lakhs for banking services. The Tribunal applied precedent from the LSE Securities Ltd. case for interpreting taxable components of stock brokering service pre and post-amendment. A waiver of pre-deposit was granted on the condition of payment within four weeks, failing which the appeal would be dismissed. The judgment clarified statutory provisions and previous decisions, ensuring a fair resolution. en-us Mon, 16 Sep 2013 00:00:00 +0530 Fri, 27 Sep 2013 17:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237430 The Appellate Tribunal CESTAT NEW DELHI confirmed service tax liability of approximately Rs.16.4 lakhs on the assessee for 'stock broker' and banking services. Relief was granted for certain components, reducing the liability to around Rs.1.26 lakhs for banking services. The Tribunal applied precedent from the LSE Securities Ltd. case for interpreting taxable components of stock brokering service pre and post-amendment. A waiver of pre-deposit was granted on the condition of payment within four weeks, failing which the appeal would be dismissed. The judgment clarified statutory provisions and previous decisions, ensuring a fair resolution. Case-Laws Service Tax Mon, 16 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237430