Service tax

Querist :
Anonymous
(Querist) 18 November 2010
This query is : Resolved
We are a share broking firm and also into PMS business. We are paying transaction charges to BSE and NSE which is also charging us service tax. We in turn charge our clients transaction charges and also collect service tax on same. Can we claim cenvat credit on ST paid by us to exchange?
Can u please give us the reason for either yes or no or the relevant notification no.?
Raj Kumar Makkad
(Expert) 23 January 2012
Your commercial query is not permitted.