Machine lease for job work

This query is : Resolved 

03 December 2014 please clarify any one, we are the manufacturer and we are going to take machine for lease for job work for two years. kindly explain procedure to follow in excise and service tax.

03 December 2014 Service tax is applicable on this machinery service provider pay service tax and claim it from you. You can claim this service tax as input credit under cenvat.


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