Vat Applicability - equipments on rent
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....at Applicability - equipments on rent<br> Query (Issue) Started By: - madhavvan Dated:- 27-5-2009 Last Reply Date:- 28-5-2009 VAT + CST<br>Got 1 Reply<br>VAT / Sales Tax<br>where equipments / plant a....
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....nd machinery is given on rent undre mvat law vat is required to be charged ( sinc the lease act has been merged with vat act) as per service tax act any tangible property given on lease is liable for ....
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....service tax is in these kind of transactions both vat and service tax will be applicable kindly clarify whether this is correct Reply By Mukesh Kumar: The Reply: Supply of tangible goods for use and ....
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....leviable to VAT / sales tax as deemed sale of goods, is not covered under the scope of the proposed service. Whether a transaction involves transfer of possession and control is a question of facts an....
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....d is to be decided based on the terms of the contract and other material facts. This could be ascertainable from the fact whether or not VAT is payable or paid.<br> Discussion Forum - Knowledge Sharin....
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....g ....
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