https://www.taxtmi.com/caselaws?id=460619 CESTAT Ahmedabad dismissed the appeal regarding service tax recovery on lease rent for ISO tanks. The tribunal held that providing ISO tanks by foreign service provider constituted taxable Business Auxiliary Service under Section 65(19)(iv). Rule 3 of Place of Provision of Services Rules 2012 applied, making services taxable under reverse charge mechanism despite tanks being used in non-taxable territory. Extended limitation period and penalty under Section 78 were upheld due to appellant's failure to pay service tax and misstatement of applicable rules during audit. en-us Mon, 05 Feb 2024 00:00:00 +0530 Thu, 06 Feb 2025 18:58:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460619 CESTAT Ahmedabad dismissed the appeal regarding service tax recovery on lease rent for ISO tanks. The tribunal held that providing ISO tanks by foreign service provider constituted taxable Business Auxiliary Service under Section 65(19)(iv). Rule 3 of Place of Provision of Services Rules 2012 applied, making services taxable under reverse charge mechanism despite tanks being used in non-taxable territory. Extended limitation period and penalty under Section 78 were upheld due to appellant's failure to pay service tax and misstatement of applicable rules during audit. Case-Laws Service Tax Mon, 05 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460619