Service or Purchase

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....ervice or Purchase<br> Query (Issue) Started By: - ganeshan kalyani Dated:- 9-10-2014 Last Reply Date:- 9-10-2014 Service Tax<br>Got 1 Reply<br>Service Tax<br>Dear Sir, Subscribing for a monthly maga....

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....zine for 2 years is a purchase or availing service. The supplier of magazine is providing the bookings as per subscription which includes cost of magazine and some charges. I understand it is a purcha....

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....se rather than a service. Kindly put a line with your view on this matter. regards, ganeshan Reply By Naveed S: The Reply: The basic activity undertaken above is sale and purchase of magazines whi....

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....ch falls under the category of goods, thus falling under sub section (ii) of section 65 (B) (44) of Finance Act, 1944 - &quot;category of deliver or supply of any goods for sale&quot;. hence such acti....

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....vity cannot be termed as &quot;Service&quot; and therefore no service tax applicable thereon.<br> Discussion Forum - Knowledge Sharing ....