2014 (1) TMI 1248

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....r the Appellant. Shri S. Dewalwar, Addl. Commissioner (AR), for the Respondent. ORDER Heard both sides. 2. Applicant filed this application for waiver of pre-deposit of Service Tax of Rs. 1,04,75,937/-, interest and penalties. 3. Proceedings were initiated by issuing three show-cause notices on the ground that the applicants are provider of Stock Broker Services and certai....

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....The applicants had also failed to pay the Service Tax due on the value of such services. 6. The adjudicating authority confirmed the demand under the category of Stock Exchange Service. We find that as per the provisions of Section 65(105)(a) of the Finance Act, 1994, Stock Broker Service is any service provided or to be provided to any person by a stock broker in connection with the sale ....