https://www.taxtmi.com/caselaws?id=796224 Turnover and transaction charges received by a stockbroker are includible in taxable value for service-tax purposes from 16 May 2008 where they constitute the provider's expense. Exclusion applies only when the service recipient is legally liable and the provider pays the amount solely as a pure agent; this condition was not met. Service tax was therefore payable on the charges. Extended limitation applies where the provider consciously fails to disclose liability despite clarification that gross amounts received by stockbrokers are taxable and denial of reimbursement treatment. Non-filing of service-tax returns and deliberate non-disclosure establish wilful suppression, defeating a claim of bona fide belief. en-us Mon, 20 Jul 2026 00:00:00 +0530 Mon, 03 Aug 2026 08:20:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796224 Turnover and transaction charges received by a stockbroker are includible in taxable value for service-tax purposes from 16 May 2008 where they constitute the provider's expense. Exclusion applies only when the service recipient is legally liable and the provider pays the amount solely as a pure agent; this condition was not met. Service tax was therefore payable on the charges. Extended limitation applies where the provider consciously fails to disclose liability despite clarification that gross amounts received by stockbrokers are taxable and denial of reimbursement treatment. Non-filing of service-tax returns and deliberate non-disclosure establish wilful suppression, defeating a claim of bona fide belief. Case-Laws Service Tax Mon, 20 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796224