2017 (9) TMI 1491

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....ppellant Mr. N. Jagadish, AR For the Respondent ORDER Per : S.S GARG The present appeal is directed against the impugned order dated 19.12.2013 passed by the Commissioner (Appeals) whereby the Commissioner (A) has disposed of 17 appeals. 2. Briefly the facts of the case are that the appellants entered into an agreement with M/s. Geojit BNP Paribas Financial Services Ltd., Kaloor and....

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....f the business associate. They are, therefore, in the nature of branches of the broker or member. The business associates claim to be sub-brokers who were exempt from service tax liability as they render services on behalf of the principal who discharge the service tax liability on the consideration received from customers for the rendering of services in relation to share-trading and commodity fu....

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....t. 3. Heard the learned AR and none appeared on behalf of the appellant, therefore, we proceed to decide the case on merits. 4. We have gone through the grounds of appeal wherein the appellant has stated that no service tax is leviable on the services provided by an authorized person to Member of a recognized association. Further, the appellant has submitted that the activity undertaken by t....

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....o the extent of receipts from M/s. Geojit BNP Paribas Financial Services has to be set aside as their services does not fall with the meaning of Section 65(19)(ii) of the Finance Act, 1994 and hence not taxable under Section 65(105)(zzb) of the said Act. 12. Having established that the appellant renders Business Auxiliary Services to M/s. Geojit BNP Paribas Financial Services and M/s. Geojit Co....