S.Tax on renting of furniture
This query is : Resolved
25 March 2009
Is service tax leviable on renting of chairs, tables and splits used in commercial offices. PLease provide adequate suppotings.
Thanks
Thanks
26 March 2009
One such service is the supply of tangible goods, including machinery, equipment and appliances for use where there is no transfer of right of possession and effective control. This proposal intends to bring into the service tax net wet lease arrangements that are typically entered into by various airlines, shipping companies & oil and gas companies wherein the lessor provides aircraft/ship/rigs with complete crew, maintenance and insurance to the lessee in return for a consideration based on operating hours. Such arrangements are outside the ambit of value-added tax (VAT) because they lack the essential ingredient of transfer of right of possession and effective control
You may evaluate your arrangement in light of the above clarification, and derive your liability to pay or whether not payable
You may evaluate your arrangement in light of the above clarification, and derive your liability to pay or whether not payable
26 March 2009
One such service is the supply of tangible goods, including machinery, equipment and appliances for use where there is no transfer of right of possession and effective control. This proposal intends to bring into the service tax net wet lease arrangements that are typically entered into by various airlines, shipping companies & oil and gas companies wherein the lessor provides aircraft/ship/rigs with complete crew, maintenance and insurance to the lessee in return for a consideration based on operating hours. Such arrangements are outside the ambit of value-added tax (VAT) because they lack the essential ingredient of transfer of right of possession and effective control
You may evaluate your arrangement in light of the above clarification, and derive your liability to pay or whether not payable
You may evaluate your arrangement in light of the above clarification, and derive your liability to pay or whether not payable
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on capital gains revoked us 54f
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Refund of AY 22-23
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Inventory of finished goods
- TDR receipts for agreement holder
- Company Incorporation - CA and directors signing from different states
- Sale of property furniture sale
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Filing of Form 10BB instead of Filing Form 10B
- Refund AY 2012-13 and 2013-14
- DIRECT TAX CODE 2025
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
Trending Online Classes
CAclubindia
