https://www.taxtmi.com/caselaws?id=800697 Leasing an excavator falls outside the taxable category of supply of tangible goods where the lease transfers the lessee's exclusive right to use the equipment. Section 66E(f) of the Finance Act, 1994 applies only where goods are hired or leased without such transfer. Exclusive control, operation, maintenance and related expenses borne by the lessee support treatment as a deemed sale. VAT paid on the consideration is consistent with the transaction being a transfer of the right to use, leaving no service tax payable on the lease charges. en-us Tue, 06 Oct 2026 00:00:00 +0530 Sat, 10 Oct 2026 08:32:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800697 Leasing an excavator falls outside the taxable category of supply of tangible goods where the lease transfers the lessee's exclusive right to use the equipment. Section 66E(f) of the Finance Act, 1994 applies only where goods are hired or leased without such transfer. Exclusive control, operation, maintenance and related expenses borne by the lessee support treatment as a deemed sale. VAT paid on the consideration is consistent with the transaction being a transfer of the right to use, leaving no service tax payable on the lease charges. Case-Laws Service Tax Tue, 06 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800697