https://www.taxtmi.com/caselaws?id=385111 The Appellate Tribunal CESTAT Ahmedabad ruled that charges collected by a stock broker from clients, representing reimbursement of payments made to NSE/BSE, should not be included in the value of stock broker services for Service Tax purposes. Citing established legal principles and previous decisions, the tribunal set aside the impugned order and allowed the appeal, emphasizing that statutory payments reimbursed by clients are not subject to Service Tax. This decision provides clarity on the tax treatment of such charges and ensures consistency in applying tax laws to similar cases, serving as a precedent for future disputes in the stock broking industry. en-us Mon, 13 May 2019 00:00:00 +0530 Fri, 30 Aug 2019 07:17:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385111 The Appellate Tribunal CESTAT Ahmedabad ruled that charges collected by a stock broker from clients, representing reimbursement of payments made to NSE/BSE, should not be included in the value of stock broker services for Service Tax purposes. Citing established legal principles and previous decisions, the tribunal set aside the impugned order and allowed the appeal, emphasizing that statutory payments reimbursed by clients are not subject to Service Tax. This decision provides clarity on the tax treatment of such charges and ensures consistency in applying tax laws to similar cases, serving as a precedent for future disputes in the stock broking industry. Case-Laws Service Tax Mon, 13 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385111