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Transfer of goods by way of hiring, leasing, licensing or in any other manner

Service Tax - Declared Services - 06 - Chapter 6 Effective date: 1.7.2012 Scope of Declared Service - Section 66E (f) Transfer of goods by way of hiring, leasing, licensing or in any such manner without transfer of right to use such goods. Analysis: .....

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rol remains with the owner of goods. For example cranes hired on rent, in which only use of cranes are permitted to other party while control is with owner of cranes. To cover these transactions, this service tax entry introduced. Without transfer of .....

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ansfer of an air conditioner, in which both possession and control transferred to other party. Clarification by the Board (Taxation Guide - Guidance Note -6 - Exemptions dated 20.06.2012) 6.6.1 What is the meaning and scope of the phrase transfer of .....

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lves transfer of possession and effective control over such goods in terms of the judgment of the Supreme Court in the case of State of Andhra Pradesh vs Rashtriya Ispat Nigam Ltd [2002 (3) TMI 705 - SUPREME COURT OF INDIA]. Transfer of custody along .....

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to determine whether a transaction involves transfer of right to use goods, which has been followed by the Supreme Court and various High Courts, is as follows: • There must be goods available for delivery; • There must be a consensus ad id .....

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; For the period during which the transferee has such legal right, it has to be the exclusion to the transferor - this is the necessary concomitant of the plain language of the statute, viz., a transfer of the right to use and not merely a license to .....

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reement has to be read as a whole, to determine the nature of the transaction. 6.6.2 Whether the transactions listed in column 1 of the table below involve transfer of right to use goods? S. no. Nature of transaction Whether transaction involves tran .....

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