Lease of CESSNA Aircraft Deemed Transfer of Right to Use, Exempt from Service Tax as Not a Supply of Tangible Goods.

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....Supply of Tangible Goods Service - lease agreement - acquiring CESSNA make air craft on lease - After analyzing the lease agreement and legal provisions, the Tribunal concluded that the transaction did not fall within the definition of "Supply of Tangible Goods Service". It found that the lease involved the transfer of right to use goods and was not subject to service tax.....