https://www.taxtmi.com/caselaws?id=175901 The court concluded that the transaction involving the hiring of cranes constituted a transfer of the right to use goods, subjecting it to VAT under the Assam Value Added Tax Act, 2003. The judgment favored the Revenue, dismissing the appeals and writ petitions filed by the assessee. The court emphasized that the substance of the transaction, particularly the terms of the contract and control over the cranes, indicated a transfer of the right to use the cranes to the Oil and Natural Gas Corporation Ltd. The payment of service tax was deemed irrelevant in determining VAT liability, aligning with established legal principles from previous judicial precedents. en-us Tue, 24 Jul 2012 00:00:00 +0530 Fri, 28 Apr 2017 18:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175901 The court concluded that the transaction involving the hiring of cranes constituted a transfer of the right to use goods, subjecting it to VAT under the Assam Value Added Tax Act, 2003. The judgment favored the Revenue, dismissing the appeals and writ petitions filed by the assessee. The court emphasized that the substance of the transaction, particularly the terms of the contract and control over the cranes, indicated a transfer of the right to use the cranes to the Oil and Natural Gas Corporation Ltd. The payment of service tax was deemed irrelevant in determining VAT liability, aligning with established legal principles from previous judicial precedents. Case-Laws VAT and Sales Tax Tue, 24 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175901