https://www.taxtmi.com/caselaws?id=796224 Turnover and transaction charges collected by a stockbroker form part of the taxable value for service tax where they are the provider's expense rather than amounts paid solely as a pure agent for the service recipient. The charges became taxable from 16 May 2008, and the stated analysis concludes that the stockbroker did not satisfy the pure-agent condition. Extended limitation may apply where a provider consciously fails to file returns and disclose liability despite a clarification that gross amounts received are taxable and a denial of reimbursable treatment. The notes state that such non-disclosure constitutes wilful suppression, sustaining the tax liability and extended limitation. 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 collected by a stockbroker form part of the taxable value for service tax where they are the provider's expense rather than amounts paid solely as a pure agent for the service recipient. The charges became taxable from 16 May 2008, and the stated analysis concludes that the stockbroker did not satisfy the pure-agent condition. Extended limitation may apply where a provider consciously fails to file returns and disclose liability despite a clarification that gross amounts received are taxable and a denial of reimbursable treatment. The notes state that such non-disclosure constitutes wilful suppression, sustaining the tax liability and extended limitation. Case-Laws Service Tax Mon, 20 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796224