https://www.taxtmi.com/caselaws?id=351749 Brokerage earned for facilitating the sale of Government bonds was treated as part of dealings in Government securities undertaken on behalf of RBI. Relying on prior authority and departmental clarification, the text states that such activity falls within a sovereign or statutory function and therefore does not attract service tax. On that basis, the demand was held unsustainable and set aside, with consequential relief to the assessee. en-us Mon, 18 Sep 2017 00:00:00 +0530 Thu, 30 Nov 2017 14:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351749 Brokerage earned for facilitating the sale of Government bonds was treated as part of dealings in Government securities undertaken on behalf of RBI. Relying on prior authority and departmental clarification, the text states that such activity falls within a sovereign or statutory function and therefore does not attract service tax. On that basis, the demand was held unsustainable and set aside, with consequential relief to the assessee. Case-Laws Service Tax Mon, 18 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351749