MVAT on TV channel subscription fees: Tax Officers Must Follow Precedents- HC

Viacom 18 Media Pvt. Ltd. Vs State of Maharashtra and  ors. (Bombay High Court) The Bombay High Court has set aside an order passed by a Joint Commissioner of Sales Tax (Appeals) concerning the taxability of distribution income and subscription charges collected by Viacom 18 Media Pvt. Ltd. The court ruled that the appellate authority was bound by an earlier order passed by a Deputy Commissioner of Sales Tax (Appeals) which had held that similar transactions were not subject to sales tax. The dispute involves Viacom 18 Media Pvt. Ltd., a company engaged in broadcasting and distributing telev...