- Equipment hired on monthly basis / hourly basis wherein diesel, all lubricants, operator, maintenance etc. shall be in contractor’s / service provider’s scope.
- Equipment hired on monthly basis / hourly basis wherein diesel shall be provided by Owner as free issue and all lubricants, operator, maintenance etc. shall be in contractor’s / service provider’s scope.
- Equipment hired on monthly basis / hourly basis wherein diesel charges shall be reimburse as per prevailing market rates and claim in same invoice of equipment hiring charges.
which reflect on tax
Mangesh khedkar
Discussion on Service Tax Application for Equipment Hired Monthly or Hourly, Covering Various Cost Responsibility Scenarios A user initiated a discussion on a forum regarding the application of service tax on equipment hired on a monthly or hourly basis. The scenarios described include situations where the contractor or service provider is responsible for diesel, lubricants, operator, and maintenance, where the owner provides diesel, and where diesel charges are reimbursed at market rates. The response from another participant requested clarification on the query. (AI Summary)