https://www.taxtmi.com/caselaws?id=367985 A lease of aircraft is not taxable as Supply of Tangible Goods Service where the lessee enjoys possession, practical control and the right to use the aircraft, because the levy applies only when the supplier retains legal possession and effective control; the service tax demand on that basis was set aside. Penalties relating to non-inclusion of TDS in taxable value and wrongful CENVAT credit on motor vehicles were also deleted, as the tax dues had been paid with interest and the record showed a bona fide view without mala fide intent. The appeals were allowed with consequential relief. en-us Tue, 10 Jul 2018 00:00:00 +0530 Sat, 29 Sep 2018 10:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367985 A lease of aircraft is not taxable as Supply of Tangible Goods Service where the lessee enjoys possession, practical control and the right to use the aircraft, because the levy applies only when the supplier retains legal possession and effective control; the service tax demand on that basis was set aside. Penalties relating to non-inclusion of TDS in taxable value and wrongful CENVAT credit on motor vehicles were also deleted, as the tax dues had been paid with interest and the record showed a bona fide view without mala fide intent. The appeals were allowed with consequential relief. Case-Laws Service Tax Tue, 10 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367985