https://www.taxtmi.com/caselaws?id=402511 The Tribunal set aside the impugned order, allowing the appeal by M/s Arval India Pvt Ltd. The judgment underscored the constitutional constraints on the Union's taxing authority, reaffirming that transactions deemed as 'sale' or 'deemed sale' are exclusively taxable by the States. The Tribunal emphasized the necessity of clear legislative intent to tax specific service components, which was absent in the Finance Act, 1994 for the transactions in question. en-us Thu, 03 Dec 2020 00:00:00 +0530 Mon, 27 Dec 2021 12:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402511 The Tribunal set aside the impugned order, allowing the appeal by M/s Arval India Pvt Ltd. The judgment underscored the constitutional constraints on the Union's taxing authority, reaffirming that transactions deemed as 'sale' or 'deemed sale' are exclusively taxable by the States. The Tribunal emphasized the necessity of clear legislative intent to tax specific service components, which was absent in the Finance Act, 1994 for the transactions in question. Case-Laws Service Tax Thu, 03 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402511