Service tax Exemption to Service provided by a Sub-Broker to a Stock-Broker In Relation To Sale or Purchase of Listed Securities

Section 65(105)(zzb) Of The Finance Act, 1994 – Business Auxiliary Service – Exemption To Service Provided By A Sub-Broker To A Stock-Broker In Relation To Sale Or Purchase Of Securities Listed On A Registered Stock Exchange – Amendment In Notification No. 31/2009-St, Dated 1-9-2011

Notification No. 44/2011 – Service Tax, Date – 9^th September, 2011

 G.S.R.  (E).- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following amendment in the notification of the Government of India in the Ministry of Finance (Department of Revenue) No. 31/2009-Service Tax, dated the 1st September, 2009, which was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R.  625 (E), dated the 1st September, 2009, namely :-

In the said notification, after the words, “provided by a sub-broker”, the words “or authorised person, as the case may be,” shall be inserted.

2. This notification shall come into force on the date of its publication in the Official Gazette.

[F. No. 354/205/2011-TRU]

 (Samar Nanda)

Under Secretary to the Government of India

Note.- The principal notification No. 31/2009-Service Tax, dated the 1st September, 2009 was published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), dated the 1st September, 2009, vide number G.S.R. 625 (E), dated the 1st September, 2009.

Related posts:

1. Notification on Exempt Services in relation to sale or purchase of securities listed on a registered stock exchange by a sub-broker
2. Stock Broker’s services – Levy of service tax on delayed payment charges collected by service provider in respect of Stock Broker’s services
3. Club or association service- Exemption to services provided by an association of dyeing units in relation to specified project
4. Exemption to banks from service tax on inter-bank transactions of purchase and sale of foreign currency
5. Service tax notification exempting taxable service provided in relation to transmission of electricity