Hiring of plant & machinery
This query is : Resolved
CA Praveen Chopra
(Querist)
04 March 2008
Is hiring of plant & machinery comes under the net of service tax after the Union Budget 08
MANISH MISHRA
(Expert)
04 March 2008
FB 2008 Proposed to levy service tax on services provided in relation to
supply of tangible goods, including machinery, equipment and appliances, for use,
with no legal right of possession or effective control.
Supply of tangible goods for use and
However transaction leviable to VAT / sales tax as deemed sale of goods, is not covered under the scope of the proposed service.
supply of tangible goods, including machinery, equipment and appliances, for use,
with no legal right of possession or effective control.
Supply of tangible goods for use and
However transaction leviable to VAT / sales tax as deemed sale of goods, is not covered under the scope of the proposed service.
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