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Supply of Tangible Goods

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..... Whether Service Tax can be imposed under Supply of Tangible Goods in case where The Aseessee procured Railway Wagons under Liberalised Wagon Investment Scheme and those Wagons are used by the Railways only for the purpose of Transportation of the Finished Goods of the Assessee. In return to that the Railways are providing 15% concession on freight to the Assessee. Whether Service Tax can be impo .....

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..... sed on the concession of freight treating that as the consideration under Supply of Tangible Goods. The wagons will be used only for the purpose of the Assessee only but not for any other public - Reply By Himansu Sha - The Reply = Sir, This issue is pending in tribunal in as demand ofservice tax as wagon facilitation charge. The issue as understood is enumerated below A. You procured the wag .....

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..... ons and it belonged to you B. As agreed by you, the wagons are provided to railways C. Railways ,will provide the service C. You have also provided a service by offering the wagons to railways. D. Consideration is the discount. I think service tax s leviable. - Reply By Himansu Sha - The Reply = In continuation, a though discussion is needed as it is an issue in other locations. - Reply B .....

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..... y Aitha RajyaLakshmi - The Reply = Thank u sir, Offering the Wagons to Railways It means that the Wagons are used only for the purpose of the Assessee and not for any others. That means for private purpose of the Assessee only. - Supply of Tangible Goods - Query Started By: - Aitha RajyaLakshmi Dated:- 13-3-2017 Service Tax - Got 3 Replies - Service Tax - Discussion Forum - Knowledge Sharin .....

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..... g, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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