TMI BlogService Tax Circular no 198/08/2016X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir Request you to please explain in short regarding Circular no 198/08/2016 Service Tax liability in case of hiring of goods without transfer of right to use goods. - Reply By PAWAN KUM ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... AR - The Reply = Dear Sir, The subject circular issued for clarifying the nature of transaction involving hiring of goods without transfer of right to use such goods. The transactions involving hiri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng of goods with transfer of rights to use such goods would be subject to state taxes i.e. VAT as a sale. However hiring of goods without transfer of rights to use such goods is declared service. Keep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing in view of the problem in assessing transactions whether sale or service, cbec has clarified the conditions based on supreme court judgment of BSNL. These conditions, terms conditions of the con ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tract may be reviewed in each case while determining the taxability so as to avoid unnecessary course of litigation with the department. - Reply By Ganeshan Kalyani - The Reply = Sir, nicely explain ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed. Thanks. - Reply By KASTURI SETHI - The Reply = I endorse the views of Sh.Pawan Kumar and Sh.Ganeshan Kalyani, experts. - Service Tax Circular no 198/08/2016 - Query Started By: - SANDESH SHIND ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... E Dated:- 18-8-2016 Service Tax - Got 3 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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