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    <title>Definition - Sub broker - Case law</title>
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    <description>Whether a person holding a remissiorship who issues contract notes and bills commission to a stock broker qualifies as a sub-broker for service tax purposes. The response states the scope of sub-broker is limited and mere contractual arrangements, delivery of contract notes, or billing do not automatically confer sub-broker status; active dealing in sale and purchase on behalf of the main broker is required. No case law was cited.</description>
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      <title>Definition - Sub broker - Case law</title>
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      <description>Whether a person holding a remissiorship who issues contract notes and bills commission to a stock broker qualifies as a sub-broker for service tax purposes. The response states the scope of sub-broker is limited and mere contractual arrangements, delivery of contract notes, or billing do not automatically confer sub-broker status; active dealing in sale and purchase on behalf of the main broker is required. No case law was cited.</description>
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      <law>Service Tax</law>
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