Right to use the radio-frequency spectrum and subsequent transfers thereof. - Service Tax Practice Manual / Ready Reckoner - Service Tax

Chapter 10 [Inserted vide THE FINANCE ACT, 2016 w.e.f. w.e.f. May 14, 2016] Assignment by the Government of the right to use the radio-frequency spectrum and subsequent transfers thereof. Assignment by the Government of the right to use the radio-frequency spectrum and subsequent transfers thereof is proposed to be declared as a service under section 66E of the Finance Act, 1994 so as to make it clear that assignment by Government of the right to use the spectrum as well as subsequent transfers of assignment of such right to use is a service leviable to service tax and not sale of intangible goods.