https://www.taxtmi.com/caselaws?id=757938 Purchasing and reselling lottery tickets on a principal-to-principal basis did not constitute a taxable business auxiliary service under the Finance Act, 1994. Lottery tickets were treated as actionable claims, not goods for the relevant charging provision, and the State conducting lotteries was not being promoted or marketed by the assessees. The Explanation inserted into Section 65(19)(ii) could not expand the main charging provision to cover an activity otherwise outside the tax net. Service tax was therefore held not to apply to the resale activity. en-us Thu, 08 Aug 2024 00:00:00 +0530 Wed, 04 Sep 2024 09:58:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757938 Purchasing and reselling lottery tickets on a principal-to-principal basis did not constitute a taxable business auxiliary service under the Finance Act, 1994. Lottery tickets were treated as actionable claims, not goods for the relevant charging provision, and the State conducting lotteries was not being promoted or marketed by the assessees. The Explanation inserted into Section 65(19)(ii) could not expand the main charging provision to cover an activity otherwise outside the tax net. Service tax was therefore held not to apply to the resale activity. Case-Laws Service Tax Thu, 08 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757938