DO we have to pay services taxes on renting of JCB (JCB's are those big tractor type looking machines for construction and such purposes). Like if i give my JCB for rent, then do i need to pay service tax for them.
Thank You.
Rohit Tulshyan (RTProfessionals) (333 Points)
14 December 2011DO we have to pay services taxes on renting of JCB (JCB's are those big tractor type looking machines for construction and such purposes). Like if i give my JCB for rent, then do i need to pay service tax for them.
Thank You.
CA Maulik Rachh
(-)
(114 Points)
Replied 14 December 2011
Rent on Plant and Machinery -194 I ,TDS should be done not ST
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 14 December 2011
This is taxable service under section 65(105)(zzzzj)-- supply of tangible goods. You need to be registered under this taxable category of service to charge ST. If you have a RC not with this category, amendment of RC is needed.
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