[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,
SECTION 3, SUB-SECTION (i)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(Department of Revenue)
New Delhi, the 1st September, 2009.
Notification No. 31/2009-Service Tax
G.S.R. (E).- In exercise of the powers conferred by sub-section (1) of section 93 of the
Finance Act, 1994 (32 of 1994) (hereinafter referred to as the Finance Act), the Central
Government, on being satisfied that it is necessary in the public interest so to do, hereby
exempts the taxable service referred to in sub-clause (zzb) of clause (105) of section 65 of the
Finance Act,1994, provided by a sub-broker, to a stock-broker as defined in clause (101) of
Section 65 of the Finance Act,1994, in relation to sale or purchase of securities listed on a
registered stock exchange from the whole of the service tax leviable thereon under section 66
of the said Finance Act.
Under Secretary to the Government of India