TaxTMI 
TaxTMI 
Service Tax for Lease of Packaging Equipments
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....ervice Tax for Lease of Packaging Equipments<br> Query (Issue) Started By: - MADHAVAN MC Dated:- 16-5-2012 Last Reply Date:- 16-5-2012 Service Tax<br>Got 1 Reply<br>Service Tax<br>We are leasing the M....
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....etal Pallets to various mfg industries on lease and the control and possession of the said equipments while on lease period lies with the customer. We currently charge VAT as well as Service Tax and s....
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....ome companies are advises that if the control and possession lies with the customer( not the service provider) there is no service tax payable. Please clarify. Reply By Pradeep Khatri: The Reply: Ap....
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....plicability of VAT or Service Tax on the transfer of right to use or supply of tangible goods will depend on the Effective Control and possession. If the Effective Control and possession of goods/equ....
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....ipment/Machinery lies with you then service tax will be applicable otherwise it will attract Service Tax.<br> Discussion Forum - Knowledge Sharing ....