{"id":1852,"date":"2016-02-29T10:43:55","date_gmt":"2016-02-29T10:43:55","guid":{"rendered":"http:\/\/caindelhiindia.com\/blog\/?p=1852"},"modified":"2020-10-13T10:40:40","modified_gmt":"2020-10-13T10:40:40","slug":"corporate-and-professional-update-february-28-2016","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/corporate-and-professional-update-february-28-2016\/","title":{"rendered":"CORPORATE AND PROFESSIONAL UPDATE FEBRUARY 28, 2016"},"content":{"rendered":"<h2 style=\"text-align: justify;\"><span style=\"color: #000080;\">CORPORATE AND PROFESSIONAL UPDATE FEBRUARY 28, 2016<\/span><\/h2>\n<figure id=\"attachment_2996\" aria-describedby=\"caption-attachment-2996\" style=\"width: 577px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2016\/02\/22.png\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-2996\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2016\/02\/22.png\" alt=\"www.caindelhiindia.com; CORPORATE UPDATES\" width=\"577\" height=\"354\" \/><\/a><figcaption id=\"caption-attachment-2996\" class=\"wp-caption-text\">www.caindelhiindia.com; CORPORATE UPDATES<\/figcaption><\/figure>\n<h3 style=\"text-align: justify;\"><span style=\"color: #0000ff;\">CRATE RENTALS RECOVERED BY BEVERAGE MANUFACTURERS LIABLE TO VAT AND NOT SERVICE TAX<\/span><\/h3>\n<p style=\"text-align: justify;\">In the case of Hindustan Coca Cola Beverages (P.) Ltd. v. Commissioner of Service Tax, Delhi (2016) (New Delhi &#8211; CESTAT), The New Delhi CESTAT has held that such crate rentals would be liable to VAT\/sales tax on the ground that it amounted to deemed sale of crates in as much as there was transfer of right to use with effective control and possession of crates. It is trite that the transactions which are deemed sales cannot be liable to service tax. Thus, the service tax demand pertaining to crate rentals is not sustainable.<\/p>\n<p style=\"text-align: justify;\">Though the present case pertains to period 2005-06 to 2011-12, the chargeability of service tax still remains the same, i.e. in the post negative list regime also the said activity will remain outside the ambit of service tax, being deemed sale<\/p>\n<p style=\"text-align: justify;\">The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances;Hope the information will assist you in your Professional \u00a0 endeavors. For query or help, contact: \u00a0info@caindelhiindia.com\u00a0or call at \u00a0011-233-43-333<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CORPORATE AND PROFESSIONAL UPDATE FEBRUARY 28, 2016 CRATE RENTALS RECOVERED BY BEVERAGE MANUFACTURERS LIABLE TO VAT AND NOT SERVICE TAX In the case of Hindustan Coca Cola Beverages (P.) Ltd. v. Commissioner of Service Tax, Delhi (2016) (New Delhi &#8211; CESTAT), The New Delhi CESTAT has held that such crate rentals would be liable to &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[555,502,501,569,179,180,561,214,181,194,541,537,562,560,538],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/1852"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=1852"}],"version-history":[{"count":4,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/1852\/revisions"}],"predecessor-version":[{"id":2998,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/1852\/revisions\/2998"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=1852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=1852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=1852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}