https://www.taxtmi.com/caselaws?id=197854 A contract for directional drilling and supply of specialised machinery with personnel was held, on reading the arrangement as a whole, to be predominantly a specialised service contract rather than a transfer of the right to use goods. Applying Article 366(29A)(d) and the Tripura Value Added Tax framework, the State could tax only a transaction that in substance amounts to a sale or deemed sale; where the service and deemed-sale elements are not clearly severable, value added tax cannot be levied on the composite arrangement. The transaction was therefore held not exigible to value added tax. en-us Mon, 29 Feb 2016 00:00:00 +0530 Wed, 17 Jan 2018 11:59:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197854 A contract for directional drilling and supply of specialised machinery with personnel was held, on reading the arrangement as a whole, to be predominantly a specialised service contract rather than a transfer of the right to use goods. Applying Article 366(29A)(d) and the Tripura Value Added Tax framework, the State could tax only a transaction that in substance amounts to a sale or deemed sale; where the service and deemed-sale elements are not clearly severable, value added tax cannot be levied on the composite arrangement. The transaction was therefore held not exigible to value added tax. Case-Laws VAT and Sales Tax Mon, 29 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197854