Thursday, May 15, 2014

Andhra Pradesh General Sales Tax Act, 1957 - Charge/levy - Transfer of Right to Use Goods

The Supreme Court of India has held that where project owner had hired out sophisticated machinery to its contractors engaged in construction/execution of said project, such hiring did not amount to ‘transfer of right to use’, as effective control and enjoyment remained with assessee; therefore, same cannot be charged to VAT, it is liable to service tax only.

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