Home Case Index All Cases Service Tax Service Tax + AT Service Tax - 2018 (4) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2018 (4) TMI 543 - AT - Service TaxLevy of service tax - turnover charges paid by the assesse to the Stock Exchanges which was collected from the clients - Held that: - this Tribunal following the judgment in LSE Securities Limited case [2012 (6) TMI 364 - CESTAT, New Delhi] decided the issue in favor of the assessee - demand set aside. Valuation - inclusion of reimbursement expenses - Computer Linkage Charges collected from the sub broker and paid to the Commodity Exchange in the value of Forward Contract Service Charges - Held that: - the said issue is no more res-integra, in view of the principle laid down by the Hon’ble Supreme Court in Intercontinental Consultants and Technocrats Pvt. Ltd. s case [2018 (3) TMI 357 - SUPREME COURT OF INDIA], where it was held that the service tax is to be paid only on the services actually provided by the service provider - demand set aside. Appeal allowed - decided in favor of appellant.
|