FLAT 20% OFF and 3-Months ADDED Validity on All Courses Absolutely FREE! Enroll Now Use Code: INDIA20
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

ca.bhupendrashah (FCADISA)     27 June 2008

service tax

is service tax liable on DREGER hire charges?


 1 Replies

K.Prakash Babu (Advocate)     28 June 2008

Dear Friend,

Your question is not at all clear.  If the so called DREGER is a tangible goods which has been supplied for use with no legal right of possession or effective control, on rent, is taxable under the category of ' Supply of Tangible goods for use ' service with effect from 16-05-2008.  The rate of service tax applicable is 12.36% (inclusive of Edu.cess and SHE cess).

Hope it is clear. 

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Post a Suggestion for LCI Team
Post a Legal Query