2007 (6) TMI 29

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....2006, passed by the Commissioner of Customs, Central Excise and Service Tax (Appeals-II), Hyderabad, 2. The appellants provided the services of "Share Transfer Agent" and "Registrar to Issues" to the various company. The Revenue has proceeded against the appellants on the ground that they would be covered under the category of "Business Auxiliary Services". The Deputy Commissioner of Service Ta....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e following grounds :- (i) According to the Revenue, the service of "Registrar to Issues" should be an incidental auxiliary support service for initial public offer of shares of companies who want to raise capital from the market. (ii) Similarly, the service of "Share Transfer Agents" are also an incidental or auxiliary support service for purchase of shares. (iii) In view of the above po....