Renting of plant & machinery
This query is : Open
02 December 2016
HI EXPERT
RENTING OF PLANT AND MACHINERY SUCH AS JCB, POKLAND COVERED UNDER SERVICE TAX.
SERVICE PROVIDER IS NOT TRANSFERING RIGHT TO USE MACHINERY TO RECEIVER.
IS THERE ANY ABATEMENT ON THIS
RENTING OF PLANT AND MACHINERY SUCH AS JCB, POKLAND COVERED UNDER SERVICE TAX.
SERVICE PROVIDER IS NOT TRANSFERING RIGHT TO USE MACHINERY TO RECEIVER.
IS THERE ANY ABATEMENT ON THIS
02 December 2016
Renting of Plant and machinery is a taxable service. However, no abatement is available. Service tax has to be paid on the full value @ the specified rate of 15%
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