https://www.taxtmi.com/forum/issue?id=110253 Monthly truck hire may be treated as a deemed sale attracting VAT where the hirer obtains possession and effective control; if the supplier retains control, service tax may apply. The contract's terms on right to use, possession and effective control determine whether VAT or service tax is chargeable, and payment of one tax will generally preclude the other on the same transaction. en-us Tue, 26 Apr 2016 19:39:13 +0530 Thu, 23 Jan 2025 15:56:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=110253 Monthly truck hire may be treated as a deemed sale attracting VAT where the hirer obtains possession and effective control; if the supplier retains control, service tax may apply. The contract's terms on right to use, possession and effective control determine whether VAT or service tax is chargeable, and payment of one tax will generally preclude the other on the same transaction. Discussion-Forum Service Tax Tue, 26 Apr 2016 19:39:13 +0530 https://www.taxtmi.com/forum/issue?id=110253