NSE/BSE transaction charges and SEBI turnover fees are not includible in value of stock broking services

CESTAT, AHMEDABAD BENCH Edelweiss Stock Broking Ltd. Versus Commissioner of Service Tax, Ahmedabad ORDER NO. S/1195/WZB/Ahd./2012 APPLICATION NO. ST/S/1062 OF 2011 APPEAL NO. ST/465 OF 2011 JUNE 25, 2012 ORDER M.V. Ravindran, Judicial Member This Stay Petition is been filed for waiver of pre-deposit of amounts of Service Tax confirmed by the adjudicating authority and upheld by first appellate authority. The Service Tax has been confirmed by adjudicating authority and upheld by first appellate authority, on the ground that the appellant are liable to discharge Service Tax liab...