TMI BlogService Tax Applicability on Medical Equipment RentX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, Please kindly clarify whether Service Tax is applicable on Medical Equipment Rent i.e. Medical Equipment provided on rent to patient at their home on Monthly rent basis without transferring any right of ownership. Also please note This shall come under Negative list as r enting of equipment with or without without transferring right - Business of leasing out equipment [Ref ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... :- sub-section (zzzzj) of Section 65(105) of the Finance Act, 1994 -] shall not attract service Tax. Kindly clarify based upon your understanding and expertise, I shall be grateful for your such kindness a ref may be made INOX AIR PRODUCTS LTD. Versus UNION OF INDIA - 2014 (9) TMI 459 - GUJARAT HIGH COURT. - Reply By KASTURI SETHI - The Reply = Gujarat High Court judgemen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t pertains to the period prior to 31.3.2012. Hence no doubt about taxability before 31.3.12. . Moreover, at present your service is neither in Negative List nor in the Mega Exemption Notification No.25/12-ST dated 20.6.2012 (effective from 1.7.2012) as amended. Prior to 1.7.2012 it attracted ST under the category of Right to use of Tangible Goods and after 1.7.2012 under the category, Other T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... han Negative List . Therefore, your service is chargeable to Service Tax whether prior to 1.7.12 or after 1.7.2012. - Service Tax Applicability on Medical Equipment Rent - Query Started By: - Arun Kumar Singh Dated:- 25-8-2015 Service Tax - Got 1 Reply - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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