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Service Tax - Highlights / Catch Notes

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Levy of Service Tax - Brokerage/Commission received towards the ...


Service Tax Not Applicable on Brokerage for Public Issue of Equity Shares or Bonds, Confirms Favorable Ruling for Assessee.

August 18, 2023

Case Laws     Service Tax     AT

Levy of Service Tax - Brokerage/Commission received towards the services relating to public issue of Equity Shares/Bonds - The issue is no longer res-Integra as the identical issue related to the demand on commission received towards public issue of Equity Shares/Bonds has been decided in the favour of the assessee in various Judgments. - AT

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