2018 (7) TMI 697

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.... the appellants were issued a show cause notice demanding service tax under Banking and Financial Services for the charges received by them to the tune of Rs. 48 lakhs being lease rent for leasing out machineries to M/s. K.G. Apparels Pvt. Ltd.. After due process of law, the original authority confirmed the service tax demand of Rs. 5,91,840/- along with interest and also imposed equal penalty bes....

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....ncial Services. The said services will not fall under the said category and the Commissioner (Appeals) has observed that the activity would fall only under supply of tangible goods. The demand when not made under supply of tangible goods, the department cannot confirm the demand after 16.5.2008 under supply of tangible goods service. Thus, the Commissioner (Appeals) has travelled beyond the scope ....