Service tax on share brokerage service
This query is : Resolved
02 January 2013
service tax on share brokerage service calucation on amount and entry of service tax pay and currant rate of service tax please reply me
04 January 2013
Hi Dhanpat,
The Services provided by main broker to the Investors are only taxable.
Service provided by Sub broker to the Broker are exempt from the Service tax See Notification No.25/2012 item No. 29.
Also Refer Vijay Sharma & Co. V CCE(2010)29 STT 1.
Thanks
The Services provided by main broker to the Investors are only taxable.
Service provided by Sub broker to the Broker are exempt from the Service tax See Notification No.25/2012 item No. 29.
Also Refer Vijay Sharma & Co. V CCE(2010)29 STT 1.
Thanks
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