https://www.taxtmi.com/caselaws?id=757085 CESTAT Ahmedabad held that monthly rent charges for earth moving equipment constituted deemed sale under Article 366(29A)(d) of the Constitution, not a taxable service. The appellant transferred possession and use rights to lessees and paid state VAT, establishing the transaction as deemed sale. Post-July 2012, activities constituting deemed sale are excluded from service definition under Section 65B(44). Since the transaction qualified as deemed sale with VAT payment, it fell outside taxable service provisions. The impugned order was set aside and appeal allowed. en-us Tue, 13 Aug 2024 00:00:00 +0530 Fri, 16 Aug 2024 08:16:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757085 CESTAT Ahmedabad held that monthly rent charges for earth moving equipment constituted deemed sale under Article 366(29A)(d) of the Constitution, not a taxable service. The appellant transferred possession and use rights to lessees and paid state VAT, establishing the transaction as deemed sale. Post-July 2012, activities constituting deemed sale are excluded from service definition under Section 65B(44). Since the transaction qualified as deemed sale with VAT payment, it fell outside taxable service provisions. The impugned order was set aside and appeal allowed. Case-Laws Service Tax Tue, 13 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757085