Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
No KVAT Levy On Advertisement Hoardings Where Right To Use Has Not Been Transferred: Kerala High Court
The Kerala High Court has ruled that there is no KVAT on a "hoarding display" where the right to use is not transferred. The court’s decision provides much-needed clarity on the taxability of advertising services. The ruling clarifies that KVAT is only applicable when the right to use a tangible asset is transferred. This judgment is a significant victory for the advertising industry.