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Is vat applicable on leasing of plant & machinery

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 August 2013 sir i have a plastic injection molding unit which i plan to lease it out.(machines and other ancillary equipments). Is Vat or service tax applicable in the state of Tamilnadu? The entire plant will be in our possesion except for the day 2 day affairs and maintenance of the unit.The rent and electricity bills would be paid by the lessee.
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RENGARAJ R.K

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RENGARAJ R.K (Expert)
11 August 2013 Please tell me whether the possession and control is with you?

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