https://www.taxtmi.com/caselaws?id=777213 CESTAT held that leases of ISO tanks from overseas suppliers constituted a transfer of right to use with possession and control passing to the lessee, and therefore did not amount to "Tangible Goods Services" attractable to service tax under the reverse charge during the impugned period. Applying the ratio in similar precedent, the tribunal concluded the transactions amounted to deemed sale and allowed the appellant's appeals. en-us Mon, 25 Aug 2025 00:00:00 +0530 Wed, 27 Aug 2025 08:41:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777213 CESTAT held that leases of ISO tanks from overseas suppliers constituted a transfer of right to use with possession and control passing to the lessee, and therefore did not amount to "Tangible Goods Services" attractable to service tax under the reverse charge during the impugned period. Applying the ratio in similar precedent, the tribunal concluded the transactions amounted to deemed sale and allowed the appellant's appeals. Case-Laws Service Tax Mon, 25 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777213