https://www.taxtmi.com/forum/issue?id=4865 Whether profit on resale of goods supplied directly from vendors to project sites as part of turnkey arrangements attracts service tax is considered. The key operative point: no service tax is payable on profit earned on sale of goods when the transaction qualifies as a Transit Sale under the Central Sales Tax regime; the resale margin is not liable to service tax as part of a works contract. en-us Mon, 29 Oct 2012 14:50:21 +0530 Thu, 23 Jan 2025 15:57:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4865 Whether profit on resale of goods supplied directly from vendors to project sites as part of turnkey arrangements attracts service tax is considered. The key operative point: no service tax is payable on profit earned on sale of goods when the transaction qualifies as a Transit Sale under the Central Sales Tax regime; the resale margin is not liable to service tax as part of a works contract. Discussion-Forum Service Tax Mon, 29 Oct 2012 14:50:21 +0530 https://www.taxtmi.com/forum/issue?id=4865