Case Law Details
Edelweiss Financial Advisors Limited Vs C.S.T.-Service Tax (CESTAT Ahmedabad)
In the case of Edelweiss Financial Advisors Limited versus C.S.T.-Service Tax, CESTAT Ahmedabad addressed the question of whether the appellant is liable to pay Service Tax on computer-to-computer linkage charges while operating as a Stock Broking Company. This article delves into the details of the case and the CESTAT’s ruling.
1. The Issue at Hand: This section provides an overview of the central issue in the case: whether the appellant is obligated to pay Service Tax on computer-to-computer linkage charges while functioning as a Stock Broking Company.
2. Appellant’s Position: The article presents the arguments put forth by the appellant, emphasizing that a similar issue in their own case was decided in their favor by CESTAT Ahmedabad through a final order dated 21.12.2022. They assert that this previous ruling renders the issue non-res-integra, and they seek the same outcome in this case. Additionally, the appellant cites relevant judgments to support their claim.
3. Revenue’s Stand: This section outlines the stance taken by the revenue, reiterating the findings of the impugned order.
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