https://www.taxtmi.com/forum/issue?id=109071 Lease rentals paid to a foreign lessor for imported storage tanks can attract reverse charge service tax where the receiver is located in the taxable territory and the provider is in a non taxable territory; factual factors such as who has effective possession, control, insurance and operational responsibility for the tanks, and whether the tanks are movable (affecting classification as leasing of goods), determine whether the activity is treated as a taxable service like storage/warehousing or as a excluded/declared service. A refund of concessional customs duty may be claimable if service tax is payable. en-us Mon, 24 Aug 2015 16:40:03 +0530 Thu, 23 Jan 2025 15:56:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109071 Lease rentals paid to a foreign lessor for imported storage tanks can attract reverse charge service tax where the receiver is located in the taxable territory and the provider is in a non taxable territory; factual factors such as who has effective possession, control, insurance and operational responsibility for the tanks, and whether the tanks are movable (affecting classification as leasing of goods), determine whether the activity is treated as a taxable service like storage/warehousing or as a excluded/declared service. A refund of concessional customs duty may be claimable if service tax is payable. Discussion-Forum Service Tax Mon, 24 Aug 2015 16:40:03 +0530 https://www.taxtmi.com/forum/issue?id=109071