Supply of ISO Tankers on Lease by Foreign Suppliers is Deemed Sale, Sales Tax not leviable: CESTAT [Read Order]

ISO - Tankers - Foreign - Suppliers - Deemed - Sale - Sales - Tax - CESTAT - TAXSCAN

The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), held that Supply of ISO Tankers on lease by foreign suppliers is deemed sale, hence sales tax would not be leviable. M/s SRF Ltd. (Chemical Business), the appellantis before the Tribunal to assail the order passed by the confirming the demand…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1199 + GST for 1 year

Subscribe Now

taxscan-loader