2010 (2) TMI 272 - HC - Service Tax

Stock Broker Services sub broker whether the service provided by sub-brokers are covered under the ambit of service tax and are taxable or not? in the light of decision Unique Investment Centre v. commissioner of Central Excise, Chandigarh -2008 -TMI - 31484 - CESTAT NEW DELHI held that- set aside the impugned order passed by the Tribunal and remand the case back to the Tribunal to decide the matter afresh in view of the amendment.

Summary

The High Court of Punjab & Haryana allowed the appeal regarding the taxation of service provided by sub-brokers. Conflicting decisions by the Tribunal led to the case being remanded back for reconsideration by a Larger Bench.