Transport Contractor

This query is : Resolved 

13 March 2008
How much the % of service tax for Transport contrators in India ( suppliers of vehicles on hire ).

SK

14 March 2008 Till this budget i.e.Finance act 2008, there is no service tax on hiring of vehiles & equipment.But this finance act came this under service tax net.According to new provision,hiring of plant & machinery in which right to use is transferred and if vat/sales tax is not applicable than service tax will be charged.

14 March 2008 NOW UNDER SERVICE TAX NET


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