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Stock Brokers Not Liable for Service Tax on Transaction Charges and SEBI Fees Reimbursed by Clients.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Liability of service tax - stock broker - transaction charges, SEBI turn over fees etc. paid to the NSE/BSE and collecting reimbursement of the same from their clients - demand of service tax is devoid of merit.....

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