https://www.taxtmi.com/caselaws?id=351749 The Tribunal examined whether the appellants were liable to pay service tax on brokerage received for Government bond sales. Considering precedents and legal principles, the Tribunal concluded that the demand for service tax was unsustainable due to the sovereign nature of the transactions. Relying on previous judgments and specific notifications, the Tribunal allowed the appeal, setting aside the impugned order and providing consequential relief to the appellants. 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 The Tribunal examined whether the appellants were liable to pay service tax on brokerage received for Government bond sales. Considering precedents and legal principles, the Tribunal concluded that the demand for service tax was unsustainable due to the sovereign nature of the transactions. Relying on previous judgments and specific notifications, the Tribunal allowed the appeal, setting aside the impugned order and providing consequential relief to the appellants. Case-Laws Service Tax Mon, 18 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351749