2011 (11) TMI 418 - AT - Service Tax

Waiver of pre-deposit - service tax liability has been confirmed against the appellant, on the ground that the appellant is liable to pay service tax on the NSE/BSE transaction charges and Demat charges - Tribunal in the case of Rajvi Stock Broking Ltd. v. CST 2010 -TMI - 78532 - CESTAT, AHMEDABAD - the stay petitions are allowed

Summary

The Appellate Tribunal CESTAT, Ahmedabad granted stay on recovery of service tax liability on NSE/BSE transaction charges and Demat charges until disposal of appeals. The decision was based on previous Tribunal rulings. (2011 (11) TMI 418 - CESTAT, AHMEDABAD)