Transfer of right to use goods treated as supply of service where title is not transferred, reflecting provision of use rather than ownership. Transfer of the right to use goods without transfer of title is classified as a supply of service because ownership remains with the supplier and no ... Summary
Transfer of right to use goods treated as supply of service where title is not transferred, reflecting provision of use rather than ownership.
Transfer of the right to use goods without transfer of title is classified as a supply of service because ownership remains with the supplier and no vesting of title occurs; Schedule II treats such transactions as services, reflecting provision of use rather than alienation of movable property.
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