Whether leasing out of tankers is chargeable to service tax under the category of “Banking and Financial Services”

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..... Whether leasing out of tankers is chargeable to service tax under the category of “Banking and Financial Services” - Commentaries / Editorials Dated:- 12-9-2007 - News - In the present case ( reporte .....

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..... d in 2007 -TMI - 1637 - CESTAT, CHENNAI - Service Tax ) the assessee is the manufacturers of oxygen and nitrogen (both in gaseous and liquid forms). These chemicals are cleared from factory in cryog .....

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..... enic tankers. The appellants are possessed of such tankers which, when not required for their purpose, are leased out to other parties. Honorable tribunal after considering the facts and circumstanc .....

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..... es, has found that Apparently this activity is not covered under "Banking and Financial Services" and granting stay or recovery pre-deposit of demand. - News - Press release - PIB Tax Management Ind .....

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..... ia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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