Tribunal: Components Qualify as "Goods" Under Finance Act 1994, Liable for Service Tax; Applies to Both Private and Government Entities. https://www.taxtmi.com/highlights?id=75335 GTA - transportation of goods - whether sale is not mandatory in relation to the word “goods” for purpose of levy of service tax? - The Tribunal determined that the components manufactured and transported by the appellant are considered "goods" under the Finance Act, 1994, and therefore subject to service tax. They emphasized that there is no legal distinction between a private factory and a government body regarding the payment of service tax for Goods Transport Agency (GTA) services. en-us Sat, 02 Mar 2024 07:22:44 +0530 Sat, 02 Mar 2024 07:22:44 +0530 TaxTMI RSS Generator Tribunal: Components Qualify as "Goods" Under Finance Act 1994, Liable for Service Tax; Applies to Both Private and Government Entities. https://www.taxtmi.com/highlights?id=75335 GTA - transportation of goods - whether sale is not mandatory in relation to the word “goods” for purpose of levy of service tax? - The Tribunal determined that the components manufactured and transported by the appellant are considered "goods" under the Finance Act, 1994, and therefore subject to service tax. They emphasized that there is no legal distinction between a private factory and a government body regarding the payment of service tax for Goods Transport Agency (GTA) services. Highlights Service Tax Sat, 02 Mar 2024 07:22:44 +0530 https://www.taxtmi.com/highlights?id=75335