Sunil Kumar Gaur (Accounting & Taxation Indian and Australian) (273 Points)
12 March 2013Client is in the business of giving JCB on Hire on daily/Hourly/monthly basis. Now the question is
1. Is service tax applicable ?
2. If Yes then is there any abatment available ?
3. Is the situation before July 2012 is different from after July 2012 ?
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 12 March 2013
Service tax is applicable. Category of taxable service : Supply of tangible goods.
No abatement is available.
To the best of my knowledge, the situation is same before and after July 12., ie, introduction of negative list.
Regards,
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