Tax on ATM facilities outsourced to Banks under Tamil Nadu Sales Tax

India Switch Company Pvt. Ltd. Vs Deputy Commercial Tax Officer (Madras High Court) It is stated that the ATM’s facilities are outsourced by the banks and that the petitioner was providing a technology solution to Bank of India and United Bank of India and the terms of the agreement clearly bring the transaction within the meaning of the taxable service of a transaction of ‘transfer of right to use’ within the meaning of the respective enactments and therefore the petitioner was liable to pay TNGST/CST to the commercial tax departments. To constitute a transaction for the transfe...