https://www.taxtmi.com/caselaws?id=374715 Sale proceeds from export sugar quota or an export licence cannot be treated as assessable value for Business Auxiliary Service where the transaction is only a sale of rights and privileges. That activity is characterised as sale of goods, not provision of a taxable service. The issue was treated as settled by earlier binding Tribunal authority, consistent with Supreme Court rulings relied on there. On that basis, the service tax demand and penalty were held not sustainable. en-us Mon, 12 Nov 2018 00:00:00 +0530 Fri, 08 Feb 2019 06:29:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374715 Sale proceeds from export sugar quota or an export licence cannot be treated as assessable value for Business Auxiliary Service where the transaction is only a sale of rights and privileges. That activity is characterised as sale of goods, not provision of a taxable service. The issue was treated as settled by earlier binding Tribunal authority, consistent with Supreme Court rulings relied on there. On that basis, the service tax demand and penalty were held not sustainable. Case-Laws Service Tax Mon, 12 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374715