TMI BlogSALE OF STEAMX X X X Extracts X X X X X X X X Extracts X X X X ..... SALE OF STEAM X X X X Extracts X X X X X X X X Extracts X X X X ..... ted, which it intends to sell. Whether service tax will be applicable on it. Thanks Reply By Rama Krishana: The Reply: In my first view, i am unable to convince myself about the levy of service ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... x on sale of surplus steam. Reply By pradeep khatri: The Reply: Sale of Steam will attract VAT as it falls under the category of goods. Service Tax will not be applicable on such transactions. Repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y By KASTURI SETHI: The Reply: UPDATION Steam is excisable goods falling under Chapter 28 of Central Excise Tariff Act, 1985 attracting NIL rate of Central Excise duty vide Notification No.12/2012-C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... E dated 17.3.12 as amended. Hence no Service Tax. X X X X Extracts X X X X X X X X Extracts X X X X
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