Please tell me the whether the service tax is applicable on the renting of the movable properties like plant & machineries, computers, furniture etc…..
09 June 2011
“Any service provided or to be provided to any person, by any other person in relation to supply of tangible goods including machinery, equipment and appliances for use, without transferring right of possession and effective control of such machinery, equipment and appliances”
The service has been made taxable service by Finance Act, 2008 w.e.f. 16.5.2008.
In view of the above ,answer to the query is Servicre tax attracts under "supply of tangible goods service".
CAclubindia
