https://www.taxtmi.com/caselaws?id=245291 The Supreme Court clarified the assessment of Sales Tax based on previous judgments, emphasizing the importance of deliverable goods in telecommunication transactions. It ruled that electromagnetic waves or radio frequencies do not qualify as goods under Article 366(29-A)(d). The Court found the inclusion of charges related to electromagnetic waves unjustified but upheld the assessment based on rental charges for services and equipment. The Assessing Authority was directed to re-determine the sales tax in line with established principles. All proceedings were set aside, allowing for re-computation of sales tax without costs to the appellant. en-us Thu, 25 Jul 2013 00:00:00 +0530 Fri, 02 May 2014 16:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245291 The Supreme Court clarified the assessment of Sales Tax based on previous judgments, emphasizing the importance of deliverable goods in telecommunication transactions. It ruled that electromagnetic waves or radio frequencies do not qualify as goods under Article 366(29-A)(d). The Court found the inclusion of charges related to electromagnetic waves unjustified but upheld the assessment based on rental charges for services and equipment. The Assessing Authority was directed to re-determine the sales tax in line with established principles. All proceedings were set aside, allowing for re-computation of sales tax without costs to the appellant. Case-Laws VAT and Sales Tax Thu, 25 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245291