https://www.taxtmi.com/highlights?id=62670 Levy of tax - renewal of software licences - the service tax collected on this transaction of renewal of software licence at 10.30% and remitted to the Central Government cannot be construed as transfer of right to use the goods, more particularly, when the goods are not available with the respondent. When the original goods are not available with the respondent, the aspect theory and the divisibility of the contract in furtherance of deemed sale as envisaged under Article 366 (29-A) of the Constitution, is only a myth and is not valid in the eye of law - - HC en-us Thu, 31 Mar 2022 10:28:57 +0530 Thu, 31 Mar 2022 10:28:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=62670 Levy of tax - renewal of software licences - the service tax collected on this transaction of renewal of software licence at 10.30% and remitted to the Central Government cannot be construed as transfer of right to use the goods, more particularly, when the goods are not available with the respondent. When the original goods are not available with the respondent, the aspect theory and the divisibility of the contract in furtherance of deemed sale as envisaged under Article 366 (29-A) of the Constitution, is only a myth and is not valid in the eye of law - - HC Highlights VAT and Sales Tax Thu, 31 Mar 2022 10:28:57 +0530 https://www.taxtmi.com/highlights?id=62670