2007 (6) TMI 121

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....s is an application challenging the order of Commissioner (Appeals) made on 14-3-07. In the impugned order the Commissioner has observed as follows :- "5. I have carefully gone through the case records, submissions made by the appellants in appeal and at the time of personal hearing. I find that, the demand has been confirmed on the ground that "the service provider has acted as share broker wh....

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....nd purchase of securities listed on recognized stock exchange would be subjected to Service Tax. In this regard, I find that Appellant has not provided any evidence to prove that, as sub-broker, they have not dealt with the securities listed recognized stock exchange. Therefore, I find that, as they were dealing in securities listed in recognized stock exchanges, the demand confirmed vide the impu....

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....h the services of sub-broker were brought into the net of service tax by including them in the definition for what ever services rendered by them by way of collecting the brokerage was not rendered by them as stock broker. 3. The learned DR states that though he was a sub-broker, he was engaged in the activity of a stock broker which attracts service tax and the lower authorities have correctly....