Relaxation in gas taxation regime: Service tax emption sought for

GAIL continues to pursue its case for exemption of service tax on on transportation of natural gas where the seller of the gas sells as well as transports the gas till the point of delivery of the buyer and where the ownership of gas is simultaneously transferred.
8GAIL has argued that the manner of raising the sale bill (whether transportation charges or any other component are embedded in the price of gas or shown separately) does not alter the basic nature of such a contract which remains essentially a "contract for sale".
8The argument made by GAIL..http://goo.gl/WNluOb

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Relaxation in gas taxation regime: Simplification of tax rules sought for inter-state swapping and stock transfers

Relaxation in gas taxation regime: Rationalization of Form C transactions sought