https://www.taxtmi.com/caselaws?id=355148 The Tribunal held that charges such as NSE/BSE transaction charges, SEBI turnover fees, Stamp duty, Depository/Demat charges, and Security Transaction charges, when collected separately and not retained by stock brokers, should not be included in the taxable value of brokerage and commission charges. Additionally, Demat charges paid to depository participants were not considered part of "Banking and Financial Services." The Tribunal allowed the appeals, setting aside the impugned orders and granting relief to the stock brokers. The issue of limitation period for issuing the demand was not explicitly addressed but was implicitly supported in favor of the appellants. en-us Fri, 29 Sep 2017 00:00:00 +0530 Thu, 11 Oct 2018 10:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355148 The Tribunal held that charges such as NSE/BSE transaction charges, SEBI turnover fees, Stamp duty, Depository/Demat charges, and Security Transaction charges, when collected separately and not retained by stock brokers, should not be included in the taxable value of brokerage and commission charges. Additionally, Demat charges paid to depository participants were not considered part of "Banking and Financial Services." The Tribunal allowed the appeals, setting aside the impugned orders and granting relief to the stock brokers. The issue of limitation period for issuing the demand was not explicitly addressed but was implicitly supported in favor of the appellants. Case-Laws Service Tax Fri, 29 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355148