https://www.taxtmi.com/caselaws?id=356931 The Tribunal allowed the appeal by the appellant, setting aside the previous order and relieving the appellant from the Service Tax liability on the lease rent for railway wagons under the Own Your Wagon Scheme. The Tribunal concluded that long-term agreements for movable property fell within the exclusionary clause of the relevant tax provision, as the taxable event occurred upon agreement and delivery of the wagons, not on a daily basis. The appellant was found not liable for Service Tax due to the wagons not being located in India throughout the lease period. en-us Thu, 01 Feb 2018 00:00:00 +0530 Wed, 14 Mar 2018 21:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356931 The Tribunal allowed the appeal by the appellant, setting aside the previous order and relieving the appellant from the Service Tax liability on the lease rent for railway wagons under the Own Your Wagon Scheme. The Tribunal concluded that long-term agreements for movable property fell within the exclusionary clause of the relevant tax provision, as the taxable event occurred upon agreement and delivery of the wagons, not on a daily basis. The appellant was found not liable for Service Tax due to the wagons not being located in India throughout the lease period. Case-Laws Service Tax Thu, 01 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356931