https://www.taxtmi.com/caselaws?id=346579 The Tribunal ruled in favor of the appellant, determining that the leasing of helicopters from foreign lessors constituted deemed sales rather than taxable services, exempting the transactions from service tax. It was found that the appellant had legal possession and control over the helicopters during the lease period, indicating a transfer of the right to use. Additionally, the Tribunal concluded that the delayed payment of service tax was not intentional tax evasion, leading to the dismissal of the penalty imposed by the Commissioner. The appeal was allowed, overturning the service tax demands and penalties imposed on the appellant. en-us Thu, 13 Jul 2017 00:00:00 +0530 Fri, 31 Aug 2018 17:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346579 The Tribunal ruled in favor of the appellant, determining that the leasing of helicopters from foreign lessors constituted deemed sales rather than taxable services, exempting the transactions from service tax. It was found that the appellant had legal possession and control over the helicopters during the lease period, indicating a transfer of the right to use. Additionally, the Tribunal concluded that the delayed payment of service tax was not intentional tax evasion, leading to the dismissal of the penalty imposed by the Commissioner. The appeal was allowed, overturning the service tax demands and penalties imposed on the appellant. Case-Laws Service Tax Thu, 13 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346579