TMI BlogService Tax on Rent/Hire Charges for movable ItemsX X X X Extracts X X X X X X X X Extracts X X X X ..... Service Tax on Rent/Hire Charges for movable (like machinery) items/equipment - Reply By Surender Gupta - The Reply = Kindly see provisions of Supply of Tangible Goods Service 65(105)(zzzzj) in T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... axable Services - Reply By V Ramanujam - The Reply = In the case of rent/hire of movable items where control and possession is transferred to the lessee, then it may be subject to service tax under t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he head 'Financial leasing including equipment leasing and under hire purchase', if control and possession is not transferred and VAT is not paid, then it may be subject to 'supply of tangible goods s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ervice'. So the applicability depends on the nature of arrangement/agreement. - Service Tax on Rent/Hire Charges for movable Items - Query Started By: - Satyanarayana Dated:- 7-10-2008 Service Tax - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TM ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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