9911796707
TMI BlogIncidence of service tax on sale of lottery ticketsX X X X Extracts X X X X X X X X Extracts X X X X ..... Whether there is incidence of service tax on sale of lottery tickets by stockists ? These stockists buy lottery tickets from distributors and sell to retail selling agents. The purchases made from Dis ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tributors are invoiced. The sales effected to retail selling agents are invoiced. These stockists are merely traders. Whether any incidence of service tax will arise in this case ? - Reply By Mukesh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Kumar - The Reply = The decision of supreme court in case of Martin Lottery Agencies is a mix order [2009 -TMI - 33336 - SUPREME COURT OF INDIA]. On the one side it said that there is no service tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on lottory business, on the other side, it did not discuss the impact of changes made in the Business Auxilairy Service substantially with respect to lottery business. Therefore, the issue would decid ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed finally by the SC, but as I believe that even if there is an amendment in the provisions, servcie tax is not payable. - Incidence of service tax on sale of lottery tickets - Query Started By: - R ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... amachandran and Ramachandran Associates Subramanian Dated:- 6-7-2009 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Man ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... agement India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
