hello guys, I have a doubt, one of my client give JCB on rent..
is he is liable for tax...he earns more than rs.20,000 a day and annualy he earns more than a crore,
he owns more than one JCB and put it on rent..
is he liable for service tax.
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Service tax
Replies (2)
In your case service tax is liable as supply of tangible goods(supply of goods for use)
Yes, you client is liable for service tax under the head 'supply of tangible goods' @ 12.36%
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