https://www.taxtmi.com/caselaws?id=802201 Exclusive possession and the right to use deep freezers under dealer agreements constitute a deemed sale excluded from the definition of service under the Finance Act, 1994, even where the supplier retains ownership and can recover the freezers on termination. The refundable, interest-free security deposits do not constitute taxable consideration without a nexus to a service; the absence of an actual refund does not negate the contractual refund provision. The extended limitation period requires the tax department to establish a positive act of suppression with intent to evade tax. Registration for other service tax liabilities does not itself establish suppression concerning the freezer arrangement. en-us Tue, 27 Oct 2026 00:00:00 +0530 Tue, 03 Nov 2026 09:23:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=802201 Exclusive possession and the right to use deep freezers under dealer agreements constitute a deemed sale excluded from the definition of service under the Finance Act, 1994, even where the supplier retains ownership and can recover the freezers on termination. The refundable, interest-free security deposits do not constitute taxable consideration without a nexus to a service; the absence of an actual refund does not negate the contractual refund provision. The extended limitation period requires the tax department to establish a positive act of suppression with intent to evade tax. Registration for other service tax liabilities does not itself establish suppression concerning the freezer arrangement. Case-Laws Service Tax Tue, 27 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=802201