Specialized Equipment Provision for Public Functions: No Transfer of Use Rights, Service Tax Applies, VAT Exempt.
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....Transfer of right to use or not? - providing specialized lights and equipments for public functions- There is no element of transferring the controlled possession and ultimately the right of the user of the equipments. If at all the assessee was engaged in providing service which may invite service tax at the prescribed rate - Not liable to VAT - HC....


TaxTMI
TaxTMI