https://www.taxtmi.com/caselaws?id=394824 The Tribunal ruled in favor of the appellant, determining that the leasing of digital cinema equipment constituted a 'deemed sale' rather than a service, and therefore was not subject to service tax. Citing a previous decision and analyzing the transfer of right to use the equipment, the Tribunal concluded that the activity fell under 'deemed sale' as per constitutional provisions. Consequently, the demand for service tax was dismissed, and the appeal was allowed with consequential relief, affirming the 'deemed sale' nature of the transaction. en-us Wed, 29 Jan 2020 00:00:00 +0530 Mon, 27 Apr 2020 08:21:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394824 The Tribunal ruled in favor of the appellant, determining that the leasing of digital cinema equipment constituted a 'deemed sale' rather than a service, and therefore was not subject to service tax. Citing a previous decision and analyzing the transfer of right to use the equipment, the Tribunal concluded that the activity fell under 'deemed sale' as per constitutional provisions. Consequently, the demand for service tax was dismissed, and the appeal was allowed with consequential relief, affirming the 'deemed sale' nature of the transaction. Case-Laws Service Tax Wed, 29 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394824