Goods or Service? VAT a Question!

Sir,

Very good attempt is made by the author in convincing readers that there is a thin layer between goods and services.Concept of 'Doctrine of aspect Legislation'duly supported by judicial pronouncements makes it an interesting reading. However,common man hardly appreciates the above concept. As an indirect tax payer assessee or dealer in sales tax parlance has to pass on the burden of sales tax or service tax to the ultimate consumer. Therefore,a common man hardly appreciates that there exists twin facets, say in SIM card. Thus there is enough room for litigation and agitation.

rrkothapally rrkothapally 11/06/2008

 

Look at the ocean and not at the wave(SWAMI VIVEKANANDA). The nation is moving towards GST. See the Keral budget this year where vat on sim card is abolished. Dr.Thomas Issac,Finance Minister and a renowned economist made it possible.In a federal set up the aspect theory (a canadian law) play a pivitol role.Those concerned should assess and apply it appropriately.gjayaprakash-Tvpm.

Jayaprakash Gopinathan 11/06/2008