KVAT not leviable on displaying advertisement on hoardings when right to use hoardings not transferred

J. Vijayakumar Vs Assistant Commissioner (Kerala High Court) Kerala High Court held that no taxable event under the provisions of the Kerala Value Added Tax Act [KVAT Act] had occurred in respect of displaying advertisement on hoardings as there was no transfer of right to use the hoardings. Accordingly, writ disposed of. Facts- The petitioner is engaged in erecting hoardings on properties and buildings owned by the third parties, on the basis of agreements and such hoardings are fixed either on a property or top of a building. After erecting the hoardings on the structure created for the said...