CA Day celebration 2024 Easy Office
LCI Learning

Vat on hire

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 June 2011 Whether it is mandatory to pay lease tax in maharastra on 2 years back transaction in which service tax is allready paid...?
Profile Image

MJ Krishnamurthy

Profile Image

MJ Krishnamurthy (Expert)
19 June 2011 Mr. Ashwin Kumar,
Lease is another form of sale. There will be no liability of Service Tax on this transaction.A wrong payment made to Service Tax dept does not exempt you from VAT. Liability arises even on past lease receipts.
MJK

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links