https://www.taxtmi.com/caselaws?id=442900 The Tribunal held that charges collected by a Stock Broking Company for computer to computer linkage services, which are subsequently paid to statutory bodies, do not form part of the taxable value for Service Tax purposes. Only commission or brokerage charged by stock brokers should be included in the taxable value. The Tribunal emphasized that clear legislative authority is required to impose a tax and ruled in favor of the appellant, concluding that the demand for Service Tax on these charges is not sustainable. The appeal was allowed, setting aside the impugned order. en-us Mon, 11 Sep 2023 00:00:00 +0530 Tue, 12 Sep 2023 10:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442900 The Tribunal held that charges collected by a Stock Broking Company for computer to computer linkage services, which are subsequently paid to statutory bodies, do not form part of the taxable value for Service Tax purposes. Only commission or brokerage charged by stock brokers should be included in the taxable value. The Tribunal emphasized that clear legislative authority is required to impose a tax and ruled in favor of the appellant, concluding that the demand for Service Tax on these charges is not sustainable. The appeal was allowed, setting aside the impugned order. Case-Laws Service Tax Mon, 11 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442900