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Service tax on equipment leasing

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(Querist)
27 May 2013 I wanted to know what is the service tax implication(i.e service tax applicability and the abatement rate) in the following case:
1> NBFC providing equipment on finance lease.
2>NBFC providing equipment on operating lease.

Please it would be very helful if can be supported with a reference or a link??
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Arun Kumar Singh

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Arun Kumar Singh (Expert)
27 May 2013 Service tax will be applicable on assessable value of the service there is no any abatement.
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