https://www.taxtmi.com/article/detailed?id=1732 The article explains that amendment excludes deemed sales from services, addressing whether leases or transfers of right to use movable goods would attract service tax in addition to VAT. It further expands the definition of works contract to include movable property, allowing service tax to apply on an abated portion of composite contracts rather than the entire contract value, thereby reducing but not removing VAT-service tax overlap. en-us Tue, 22 May 2012 13:01:14 +0530 Tue, 22 May 2012 13:01:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=1732 The article explains that amendment excludes deemed sales from services, addressing whether leases or transfers of right to use movable goods would attract service tax in addition to VAT. It further expands the definition of works contract to include movable property, allowing service tax to apply on an abated portion of composite contracts rather than the entire contract value, thereby reducing but not removing VAT-service tax overlap. Articles Value Added Tax - VAT and CST Tue, 22 May 2012 13:01:14 +0530 https://www.taxtmi.com/article/detailed?id=1732