Valuation - Renting of Immovable Property Service - renting the ...
Renting of factory to joint venture is a taxable service, not profit-sharing; service tax, interest, and penalties apply.
July 1, 2019
Case Laws Service Tax AT
Valuation - Renting of Immovable Property Service - renting the factory with plant and machinery to JV - The transaction is not in the nature of sharing of profit with JV partners - Liable to service tax - Demand confirmed with interest and penalty.
View Source