Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2013 (6) TMI 107

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... cided in M/s. LSE Securities Ltd. Vs. CCE [2012 (6) TMI 364 - CESTAT, New Delhi] the turnover charges and other identical statutory charges are not in the nature of commission or brokerage and should not be taxed under the said category. Similarly, in the case of Saurin Investments Pvt. Ltd. Vs. CST, Ahmedabad (2009 (5) TMI 99 - CESTAT, AHMEDABAD) has held that the fixed charges collected from .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Turnover charges, V-SAT Charges would form part of the value for the services rendered by them. The said charges are collected by the applicant from its customers and deposited with the respective commodity exchanges. 3. The Tribunal in the case of M/s. LSE Securities Ltd. Vs. CCE, Ludhiana has held that the turnover charges and other identical statutory charges are not in the nature of commiss .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates