Nature of service
This query is : Resolved
09 August 2013
WE HAVE GIVEN ON LEASE ENTIRE PLANT
INCLUDING BULIDING AND PLANT & MACHINERY
FOR PRODUCTION AND NOW ONWARDS THEY WILL
PRODUCE AND SELL PRODUCT SO MY QUESTION IS
WHETHER THIS SERVICE WILL FALL UNDER
RENTING OF IMMOVABLE PROPERTY OR SUPPLY OF
TANGIBLE GOODS OR ANY OTHER SERVICES
INCLUDING BULIDING AND PLANT & MACHINERY
FOR PRODUCTION AND NOW ONWARDS THEY WILL
PRODUCE AND SELL PRODUCT SO MY QUESTION IS
WHETHER THIS SERVICE WILL FALL UNDER
RENTING OF IMMOVABLE PROPERTY OR SUPPLY OF
TANGIBLE GOODS OR ANY OTHER SERVICES
09 August 2013
This transaction will fall under renting of immovable property and accordingly service tax is applicable.
09 August 2013
but sir our machine is moveble plant
only building and land are immovable
but other plant are moveble
only building and land are immovable
but other plant are moveble
09 August 2013
Plant & machinery, furniture & fixture given on rent along with building will be covered under renting of immovable property.
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