Friday, July 20, 2018

Stock-Broker not liable to Service Tax on Recovery of Cost incurred for VPN from Sub-Brokers: CESTAT [Read Order]

The Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) has held that the stock-broker is not liable to pay service tax on the recovery of cost incurred for VPN from the sub-brokers as the same would not amount to ‘Business Support Service’ under the Finance Act,1994. The appellant is a Stock- Broker. He […]

The post Stock-Broker not liable to Service Tax on Recovery of Cost incurred for VPN from Sub-Brokers: CESTAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



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