A Public Limited Company wants to give on lease some Machinery along with Factory Building to its Sister Concer. What will be the implication under Service Tax in the following 3 scenarios:
1. The agreement for renting of Factory building and plant & Machinery is made in a single agreement.
2. The agreement for leasing of Building and plant Machinery is made separately.
3. The agreement for leasing is only entered for Building but in reality Plant and Machinery is also given on lease
Note: A separate debit note for Electricity and other ancillary costs will also be raised apart from the agreement monthly value.
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