https://www.taxtmi.com/article/detailed?id=7972 State-established beverage corporations that procure, warehouse and resell alcoholic liquor under statutory canalization arrangements perform trading activities rather than taxable services. The corporations operate under exclusive wholesale privileges and liquor sourcing policies, with suppliers retaining certain risks and payment made after retail sale; incidental receipts such as inactive stock penalties and handling charges arise from this commercial trading framework. Courts have held that such factual arrangements amount to purchase-and-sale of goods and not business auxiliary services liable to service tax. en-us Sat, 21 Apr 2018 05:38:09 +0530 Sat, 21 Apr 2018 05:38:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7972 State-established beverage corporations that procure, warehouse and resell alcoholic liquor under statutory canalization arrangements perform trading activities rather than taxable services. The corporations operate under exclusive wholesale privileges and liquor sourcing policies, with suppliers retaining certain risks and payment made after retail sale; incidental receipts such as inactive stock penalties and handling charges arise from this commercial trading framework. Courts have held that such factual arrangements amount to purchase-and-sale of goods and not business auxiliary services liable to service tax. Articles Goods and Services Tax - GST Sat, 21 Apr 2018 05:38:09 +0530 https://www.taxtmi.com/article/detailed?id=7972