R/sir,
We are Engineering Manufacturing company in gujarat . We are purchase gas in cylinder . Purchaser give one big cylinder and he was charge rent on cylinder . When gas purchase he was transfer this gas on empty cylinder .
Now my question is that is that supplier charge Vat on Empty cylinder which was given a rent basis not a lease or sale bais .
He was argue that as per notification :
Government Ot Guiarat Finance Department Notificalion No. (GHN-18) VAT-2O05/
SCH-||(55X3)-TH :- Dated the 29th March,2oO6'
As per above notification u can pay VAT on cyinder which was given on rent basis .
Sir , Please guide is it any rules or law of gujarat vat , Vat charge on Rent ( Cylinder ) ? If yes pelase guide .
Advance thanks for this .
With Regards,
SNEHAL SHAH