https://www.taxtmi.com/caselaws?id=335275 The Tribunal allowed the appeal, setting aside the service tax demands under stock broker services, banking and other financial services, and business auxiliary service. The decision was based on the distinct taxability of transaction charges, the penal nature of delayed payment charges, and the principle that new services cannot be taxed retrospectively before their introduction. Only the admitted service tax amounts were upheld. en-us Thu, 06 Oct 2016 00:00:00 +0530 Tue, 29 Nov 2016 11:03:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335275 The Tribunal allowed the appeal, setting aside the service tax demands under stock broker services, banking and other financial services, and business auxiliary service. The decision was based on the distinct taxability of transaction charges, the penal nature of delayed payment charges, and the principle that new services cannot be taxed retrospectively before their introduction. Only the admitted service tax amounts were upheld. Case-Laws Service Tax Thu, 06 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335275