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Service Tax vs. VAT: Dispute Over Taxation on Renting Heavy-Duty Cranes for Delhi Metro Construction.

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Full Text of the Document

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....Levy of Service tax - Supply of Tangible Goods Service - renting-out heavy duty cranes to various parties engaged in the construction of Delhi Metro - The levy of Service Tax on the transaction as well as levy of VAT, considering the transaction as deemed sale, will be mutually exclusive. - AT....