https://www.taxtmi.com/caselaws?id=398006 The tribunal allowed the appeal of the assessee and dismissed the appeal of the revenue. It held that the lease rentals, classified as 'deemed sale', were not liable to service tax under the Finance Act, 1994. The tribunal affirmed the correct application of the extended period of limitation and abatement provisions by the adjudicating authority, emphasizing the distinction between taxing powers of the Union and states on sales and services. en-us Fri, 13 Mar 2020 00:00:00 +0530 Mon, 27 Dec 2021 12:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398006 The tribunal allowed the appeal of the assessee and dismissed the appeal of the revenue. It held that the lease rentals, classified as 'deemed sale', were not liable to service tax under the Finance Act, 1994. The tribunal affirmed the correct application of the extended period of limitation and abatement provisions by the adjudicating authority, emphasizing the distinction between taxing powers of the Union and states on sales and services. Case-Laws Service Tax Fri, 13 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398006