2013 (12) TMI 971

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..... of First Securities Pvt. Ltd. Vs Commissioner - [2007 (6) TMI 33 - CESTAT, BANGALORE] held that amounts collected towards transaction charges by the assessee cannot be equated with the brokerage or commission. In the case of LSE Securities Ltd. Vs CCE Ludhiana - [2012 (6) TMI 364 - CESTAT, New Delhi], the Tribunal held that the amount received by the assesssee under the head of turnover charges, s .....

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..... ment made in the COD application is not corroborative with the verification of the appeal. In this context, Ld. counsel submits that error is committed by him which can be condoned. 2. After considering the submission of learned consultant, we condone the delay of 2 days. COD application is allowed. 3. The stay application is taken up for hearing. 4. Applicant is engaged in the business of s .....

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..... f First Securities Pvt. Ltd. Vs Commissioner - 2007 (7) STR 690 (Tri.) held that amounts collected towards transaction charges by the assessee cannot be equated with the brokerage or commission. In the case of LSE Securities Ltd. Vs CCE Ludhiana - 2013 (29) STR 591 (Tri.-Del.), the Tribunal held that the amount received by the assesssee under the head of turnover charges, stamp duty, BSE charges, .....

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