Right of possession and effective control of vessel transferred hence no service tax leviable

Arkay Logistics Ltd Vs C.C.E. & S.T (CESTAT Ahmedabad)  CESTAT Ahmedabad held that during the charter period of vessels the right of possession of vessels and effective control have been transferred to service recipient, therefore the service does not fall under the “Supply of Tangible Goods Service”. Facts- The appellant is engaged in the providing cargo handling services, port handling services, business auxiliary services etc. During the course of audit, it was noticed that the appellant has shown in the balance sheet chartered hiring income where no service tax has been paid. Audi...