TaxTMI 
TaxTMI 
ON STORAGE TANK RENTAL
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....N STORAGE TANK RENTAL<br> Query (Issue) Started By: - sicgil industrial gases Dated:- 11-8-2010 Last Reply Date:- 29-8-2010 Service Tax<br>Got 1 Reply<br>Service Tax<br>WE ARE SUPPLIYING OUR OWN GAS ....
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....STORAGE TANK TO OUR CUSTOMER ON RENTAL BASIS, AND WE ARE CHARGING MONTHLY BASIS RENTAL ( GUJARAT ) WE HAVE TO CHARGE SERVICE TAX OR VAT OR BOTH KINDLY CLARIFY THE SAME GURU 9898067382 Reply By Rama....
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.... Krishana: The Reply: It appears that storage tanks are movable asset which you supply on rental basis. Where you transfer the storage take without transferring right to control and possession to your....
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.... customer, you need to pay service tax otherwise, else where you transfer the storage with right to possess and control in favor of your customer, you need to pay VAT.<br> Discussion Forum - Knowledge....
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