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2019 (5) TMI 1352 - AT - Service TaxLevy of service tax - NSE/BSE transaction charges taken as reimbursement from the clients - period April 2007 to September 2007 - HELD THAT:- The issue whether the NSE/BSE transaction charges paid to National Stock Exchange and Bombay Stock Exchange and the same was collected from the client is liable to service tax or otherwise in the hands of stock broker has been settled in the judgments in the case of M/S J.V. CAPITAL SERVICES (P) LTD. VERSUS CST, DELHI [2017 (3) TMI 1156 - CESTAT NEW DELHI] where it was held that the NSE/ BSE charges is not taxable. Demand set aside - appeal allowed - decided in favor of appellant.
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