Transfer of Right to use goods-deemed sale or a service

| Last updated: 17 April 2012

Transfer of Right to use goods for cash, deferred payment or valuable consideration is considered as deemed sales under sub-clause (d) of Article 366(29A) of Constitution of India and also consequently under Punjab VAT Act and CST Act liable to VAT and CST respectively. Right to use of tang
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Amit Bajaj

About the Author

Tax Attorney

I am an Advocate.I have done B.com, LL.B. I have been practising tax laws including Income Tax, VAT,Service Tax as an Advocate for last 8 yrs and a professional writer on tax laws. Also have a blog wherein I have been writing articles for 3 yrs now http://www.amitbajajadvocate.com My articles are also be ... Read more

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