Declared Service u/s 66E

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  1. Sls_Shubham

    Sls_Shubham New Member

    If a proprietor gives on hire/lease his trucks to a pvt. ltd. in which he is also a director (major holding) for a certain amount as he has taken those trucks on loan and had to repay the loan, which he will do so by taking hire purchase charges from the pvt. ltd., does this transaction will be chargeable to Service tax.
     
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