2007 (6) TMI 278

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..... is appeal against the Order-in-Appeal No. 11/2006, dated 18-9-2006, passed by the Commissioner of Customs, Central Excise and Service Tax (Appeals-II), Hyderabad. 2. The appellants provided the services of "Share Transfer Agent" and "Registrar to Issues" to the various company. The Revenue has proceeded against the appellants on the ground that they would be covered under the category of "Bu .....

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..... bunal, aggrieved over the order of the Commissioner (Appeals) on the following grounds :- (i)      According to the Revenue, the service of "Registrar to Issues" should be an incidental auxiliary support service for initial public offer of shares of companies who want to raise capital from the market. (ii)    Similarly, the service of "Share Transfer Agent .....

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..... e Tribunal has held that these services would not come within the category of 'Business Auxiliary Service". 6. On a careful consideration of the matter, I find that these two services came into service tax net only with effect from 1-5-2006 and a demand to levy the service tax retrospectively under other categories such as 'Business Auxiliary Service" is not justified. In these circumstances .....

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