TMI Blog2018 (9) TMI 1279X X X X Extracts X X X X X X X X Extracts X X X X ..... hat inasmuch as the lease agreement for supply of tangible goods was one time event which acted prior to introduction of this taxable service w.e.f. 16.05.2008, no liability to pay service tax would arise against the assessee. Admittedly in the present case, the agreements entered into by the appellant with the Railways are upto the year 2000 i.e., much prior to 16.05.2008. The ratio of the abo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he Revenue, we find that service tax demand stands confirmed against the appellant by invoking the longer period of limitation under the category of Supply of Tangible Goods . It is seen that the appellant entered into contracts with the Railways for supply of wagon by way of lease agreement for Own Your Wagon Scheme, Category of Pure Lease Basis . All such agreements were entered prior to 16.05 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e ground that the agreements for such lease of wagons was entered by the appellant with the Railways prior to 16.05.2008 when the said category of service was introduced in the statutory book. 5. We note that the Tribunal in the case of Petronet LNG Ltd. vs. Commissioner of Service Tax, New Delhi reported at 2013-TIOL-1700-CESTAT-DEL has considered an identical situation and by taking support f ..... X X X X Extracts X X X X X X X X Extracts X X X X
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