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2017 (10) TMI 1055 - AT - Service TaxService tax or VAT? - whether the transaction being transfer of rights and privilege of export of ‘Sugar quota’ by the respondent assessee on receipt of consideration, whether the same is a service or goods? - Held that: - in view of the ruling of Hon’ble Supreme Court in the case of Vikas Sales Corporation, [2008 (5) TMI 43 - SUPREME COURT], where it was held that DEPB, like REP licence qualifies as `goods' and its sale is eligible to tax, we hold that the transaction in question regarding sale of rights and privilege of export of sugar quota is sale of goods and no service is involved - appeal dismissed - decided against Revenue.
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