AAR: Rules on classification of service of leasing of ‘goods transport vehicle’ without operator
West Bengal AAR classifies service of leasing goods transport vehicles without operator under SAC 997311, under Sl. No. 17(iii) of Notification No. 11/2017 - CT (Rate); Notes that a specific provision is made under Sr. No. 17(iii) where the service of transferring the right to use any goods for any purpose is taxable under the said provision at the same rate as may apply to supply of goods; Comments that “Such a provision restricts the meaning the term ‘hire’ ...