Goods and Services Tax – Started By: – T.K. CHANDRASEKARAN – Dated:- 28-10-2017 Last Replied Date:- 29-10-2017 – What will be the Rate of Tax under GST for Hiring of Machinery & Equipment without transfer of active possession (not lease) ? Renting of machinery where ever the active possession passed on from the person hiring to the person using the machinery on hire will be a LEASE transaction. So, in this case, it is not a lease. – Reply By Rajagopalan Ranganathan – The Reply = Sir,Hiring
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