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VAT - Highlights / Catch Notes

Home Highlights May 2017 Year 2017 This

Deemed Sale - Transfer of right to use the goods - buses given ...


High Court Upholds VAT on Deemed Sale of Buses Hired by PMT in Pune u/s for Transfer of Use Rights.

May 17, 2017

Case Laws     VAT and Sales Tax     HC

Deemed Sale - Transfer of right to use the goods - buses given on hire - The hired buses will be registered with the RTO, Pune in the name of the PMT as lessees and will be operated as stage carriages within the operational area of the PMT. - Levy of Tax (VAT) confirmed as deemed sale - HC

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