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Service Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Valuation - inclusion of transaction charges collected by the ...


Stockbroking Service Fees Must Include Transaction Charges in Taxable Value, Per Section 67 of Finance Act, 1994.

November 28, 2018

Case Laws     Service Tax     AT

Valuation - inclusion of transaction charges collected by the appellant from their clients for providing stock broking services - since this liability have been passed on by him on their clients, the same need to be included in the taxable value as per the provision of Section 67 of the Finance Act, 1994

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