https://www.taxtmi.com/caselaws?id=345615 Transfer of ownership of a motor vehicle is governed by the Sale of Goods Act, 1930, not by mutation of the registration certificate under the Motor Vehicles Act, 1988; change of name in the registration record is therefore not a condition precedent to an effective sale. The transaction was treated as a sale, not an agency arrangement, because the dealer took possession, refurbished the vehicle, fixed the resale price, bore the market risk, and sold on its own account. On that basis, the used-car dealings were not business auxiliary service transactions under the Finance Act, 1994. en-us Fri, 07 Jul 2017 00:00:00 +0530 Thu, 04 Jan 2018 16:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345615 Transfer of ownership of a motor vehicle is governed by the Sale of Goods Act, 1930, not by mutation of the registration certificate under the Motor Vehicles Act, 1988; change of name in the registration record is therefore not a condition precedent to an effective sale. The transaction was treated as a sale, not an agency arrangement, because the dealer took possession, refurbished the vehicle, fixed the resale price, bore the market risk, and sold on its own account. On that basis, the used-car dealings were not business auxiliary service transactions under the Finance Act, 1994. Case-Laws Service Tax Fri, 07 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345615