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2019 (10) TMI 325 - AT - Service TaxLevy of service tax - NSE/BSE transaction charges - SEBI turnover fee recovered from their clients in addition to the brokerage charges - HELD THAT:- The issue is no longer res-integra and the issue whether the NSE/BSE charges and SEBI turnover fee are liable for service tax has been decided consistently by this Tribunal in various judgments wherein it was held that the actual charges paid to NSE/BSE and SEBI fee and taking reimbursement from the clients is not liable for service tax. Reliance placed in the case of INDSES SECURITIES AND FINANCE LTD, SPAN CAPLEASE PVT LTD AND OTHERS VERSUS C.S.T. -SERVICE TAX - AHMEDABAD [2018 (2) TMI 569 - CESTAT AHMEDABAD]. Appeal allowed - decided in favor of appellant.
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