Service Tax Calculation Excludes Turnover Charges and Transaction Fees; Complies with SEBI Guidelines for Investors.

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....Valuation - Includibility of turn over charges / transaction fee in the gross value for the purpose of payment of Service Tax - turn over charges etc. cannot be included in assessable value for the purpose of taxation inasmuch as, the same are recovered from investors to make payment as per the SEBI guide lines. - AT....