19 October 2011
Mr. A provide a machinery to Mr.B without driver & Helper. Mr.B uses the machinery with his own driver & Helper.Mr. B pays to rent for the machinery only to Mr.A.Whether Mr.A will charge Service tax on his hire bill to Mr.A or not ? whether any exemption is available in this case ?
19 October 2011
Comes under 'supply of tangible goods service' and liable to service tax @ 10.30% subject to exemption by way of threshold limit of Rs. 10 lakhs.