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2009 (7) TMI 131

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..... ndent. [Order]. - The appellants are engaged in the business of stock broking and held service tax registration for the same. They are also registered with the department under the category of Stock broker services and banking and other financial services. 2. The dispute in the present appeal relates as to whether the amount recovered by the appellant from their customers and fees paid to the de .....

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..... e than the fee paid to the depositories, I do not find any justification for confirmation of demand against the appellant. 4. Apart from the above, I also note that the demand is barred by limitation, having been raised beyond the normal period. The appellants were filing regular ST-3 returns. No suppression or misstatement can be attributed to the appellant, in which case, the demand would be ba .....

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