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Service Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Supply of tangible goods - applicant acquired the aircraft on ...


Aircraft Lease Deemed Sale: No Service Tax Imposed; Stay on Tax Levy Granted.

February 5, 2015

Case Laws     Service Tax     AT

Supply of tangible goods - applicant acquired the aircraft on the basis of the lease agreement, which is the legal possession. - as long as the transaction is treated as deemed same, service cannot be levied - stay granted - AT

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