https://www.taxtmi.com/caselaws?id=755401 The CESTAT New Delhi held that supply of cranes on hire constituted taxable service under Supply of Tangible Goods (STGU) rather than deemed sale under VAT. The tribunal found that effective control and possession of cranes remained with the appellant despite transfer for use, making it a service transaction. Payment of VAT at 5% was insufficient to classify the transaction as deemed sale under Article 366(29A) of the Constitution. The extended limitation period was validly invoked as the appellant's failure to register for service tax despite rendering taxable services constituted suppression of facts. The appeal was dismissed. en-us Wed, 10 Jul 2024 00:00:00 +0530 Fri, 12 Jul 2024 08:35:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755401 The CESTAT New Delhi held that supply of cranes on hire constituted taxable service under Supply of Tangible Goods (STGU) rather than deemed sale under VAT. The tribunal found that effective control and possession of cranes remained with the appellant despite transfer for use, making it a service transaction. Payment of VAT at 5% was insufficient to classify the transaction as deemed sale under Article 366(29A) of the Constitution. The extended limitation period was validly invoked as the appellant's failure to register for service tax despite rendering taxable services constituted suppression of facts. The appeal was dismissed. Case-Laws Service Tax Wed, 10 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755401