TMI BlogAircraft Lease Deemed Sale: No Service Tax Imposed; Stay on Tax Levy Granted.Supply of tangible goods - applicant acquired the aircraft on the basis of the lease agreement, which is the legal possession. - as long as the transaction is treated as deemed same, service cannot be levied - stay granted - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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