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ONGC Not Liable To Pay Service Tax On Consideration For Right To Use Natural Resources: CESTAT - Vimarsana News

ONGC Not Liable To Pay Service Tax On Consideration For Right To Use Natural Resources: CESTAT

The Chennai Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that Oil and Natural Gas Corporation Ltd. (ONGC) is not liable to pay service tax on consideration for the...

Source: livelaw.in
KVAT Act | Tax Doesn't Apply To Transfer Of Goods But To Transfer Of 'Right To Use' Goods: Kerala High Court - Vimarsana News

KVAT Act | Tax Doesn't Apply To Transfer Of Goods But To Transfer Of 'Right To Use' Goods: Kerala High Court

In a significant ruling, the Kerala High Court recently held that the tax under the KVAT Act applied not to the transfer of goods but to the transfer of the right to use goods.A division bench of...

Source: livelaw.in