High Court Rules Both VAT and Service Tax Can Apply to Tangible Goods Supply Without Ownership Transfer.

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....Levy of VAT and Service tax both on Supply of tangible goods service - Merely because the petitioner argues that not service tax but value added tax would be leviable since the title in the property does not pass on to the lesee would not be a ground to hold that the tax authorities cannot examine and entertain such a contention thus rendering them wholly without jurisdiction. - HC....