renting of movable property

This query is : Resolved

CA Kapil Singla (Querist)
Follow

09 June 2011 Respected Sir,

Please tell me the whether the service tax is applicable on the renting of the movable properties like plant & machineries, computers, furniture etc…..

CA Ayush Agarwal

CA Ayush Agarwal (Expert)
Follow

09 June 2011 no,
service tax is applicable only on immovable property.........

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
Follow

09 June 2011 “Any service provided or to be provided to any person, by any other person in relation to supply of tangible goods including machinery, equipment and appliances for use, without transferring right of possession and effective control of such machinery, equipment and appliances”

The service has been made taxable service by Finance Act, 2008 w.e.f. 16.5.2008.

In view of the above ,answer to the query is Servicre tax attracts under "supply of tangible goods service".

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

DURGA TANDEL

efiletax

Hitesh Desai

sathish kumar k

CA Sabrish Nair

Subscribe Now

renting of movable property

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

Senior Executive

Manager- Finance and Compliance

Accountant

CA Final

GST CONSULTANCY