Our Client were Provider on Weigh bridge services and but now they wish to give the weigh bridge on hire. they are registered under business support service.
Now my Query is that under which Category now should get registration., do we register under Supply of Tangible Goods.
Please solve the Query
Thanks in Advance
Client Seeks Guidance on Service Tax Category for Weighbridge Lease; Considers 'Supply of Tangible Goods' Option A client providing weighbridge services wishes to lease the weighbridge and seeks guidance on the appropriate service tax registration category. Initially registered under business support services, they consider 'Supply of Tangible Goods' as a possible category. One expert suggests that if the weighbridge is immovable, it may not qualify as goods, potentially making the transaction a deemed sale, exempt from service tax. Another expert notes that classification might be unnecessary due to the negative list abolishing such requirements, advising to inform the tax department to avoid repercussions. The discussion emphasizes the importance of understanding the transaction's nature and tax implications. (AI Summary)