Business of providing Stock Market related Tips and Advice not covered under Taxable Service of ‘Banking and other Financial Services’: CESTAT [Read Order]

Business of providing stock market related tips and advice not covered under taxable service of ‘Banking and other financial Services’, rules CESTAT
CESTAT - Business - Financial Services - CESTAT ahmedabad - TAXSCAN

The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruled that the business of providing Stock Market related tips and advice not covered under taxable service of ‘Banking and other financial Services’. The appellants are engaged in the business of providing Stock Market related tips and advice based on Technical Analysis…

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