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Service Tax Not Applicable on Specific Charges by Stock Brokers for Sub-brokers During Relevant Period.

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....Levy of service tax - banking and other financial services - Demat/ Depository charges collected from sub brokers - stock broker service - Transaction/ administrative charges collected from sub-brokers - VSAP/TWS charges collected from sub broker - During the period, not taxable as the same were not the service charges of the broking firm - AT....

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