No Service Tax on consideration for Allowing Clients to Use Railway Rakes under WIS

Rungta Sons Private Limited Vs Commissioner Central Excise Customs and Service Tax (CESTAT Kolkata)

In the case of Rungta Sons Private Limited Vs Commissioner Central Excise Customs and Service Tax (CESTAT Kolkata), the central issue was whether the appellant’s activity of allowing clients to use railway rakes under the Wagon Investment Scheme (WIS) constituted a taxable service under the “Supply of Tangible Goods Service” category, as defined in Section 65(105)(zzzzj) of the Finance Act, 1994.

Background of the Case: Rungt

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