Regarding service tax liability on rent of plant & machinery


This query is : Resolved 

19 July 2015 Dear all

A pvt. ltd. comp. has given his plant to a individual for production of feeds & received
production charges on the basis of qty produced(i.e Rs. 1250 per ton).
please let me know any service tax liability arises on comp.
& if yes what will be the %(abatement)



Regard
Mukesh


19 July 2015 No abatement, service tax payable if total value of services provided during the year exceeds 10 lacs.


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