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shares sub broker

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(Querist)
15 April 2009
shares sub broker is which service code. how much amount services provided exempt service tax. service tax rate
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SIDDHARTHA SANKAR ROY

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SIDDHARTHA SANKAR ROY (Expert)
16 April 2009 Share sub-brokers are required to be registered under the category of Stock Broker's Service.There is no service specific exemption available to them. But as per Service Tax valuation Rules, reimbursable exepenses incured as pure agent are not be included in the taxable value.
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