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VAT - Highlights / Catch Notes

Home Highlights December 2023 Year 2023 This

Deemed sale - transfer of right to use the cranes - The work ...


No Deemed Sale: Cranes' Custody and Control Retained, Exempt from VAT and Sales Tax.

December 6, 2023

Case Laws     VAT and Sales Tax     HC

Deemed sale - transfer of right to use the cranes - The work order/contract clearly indicates the intention of parties that the custody and effective control of the cranes was to remain with Respondent. In these circumstances, it would be incorrect to contend that there was a transfer of right to use the cranes. - HC

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