Transaction of Purchase and Sale of Liquor by Rajasthan Beverages Corporation Ltd Will Not Fall Within Ambit of BAS , Not Taxable: Supreme Court [Read Order]

Transaction of Purchase and Sale of Liquor by Rajasthan Beverages Corporation Ltd Will Not Fall Within Ambit of BAS , Not Taxable: Supreme Court
Purchase and Sale of Liquor - Sale of Liquor - Purchase of Liquor - Rajasthan Beverages Corporation Ltd - Supreme Court - TAXSCAN

The Supreme Court has held that transaction of purchase and sale of liquor by Rajasthan Beverages Corporation Ltd will not fall within ambit of Business Auxiliary Service bas(BAS) and are not taxable. The SLP arose out of the arose  out of impugned final judgment and order passed by the Custom Excise Service Tax Appellate Tribunal(CESTAT)….

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