Applicabilty ST

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 March 2010 I am going to construct a plant on BOT Basis (Built Own Transfer) for a Company A. i am not going to operate it but I will get the revenue over the period of ten Years from date of completion of the construction. after ten years i have to transfer it to Company A. My Question is

1. is this called finance lease?
2. If it is Finance lease applicablilty of Service tax and VAT?

Querist : Anonymous

Querist : Anonymous (Querist)

26 March 2010 experts pls answer my question

Querist : Anonymous

Querist : Anonymous (Querist)

26 March 2010 answer my query

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