We are doing the Business of Conducting Exhibitions in Kerala and we are paying service tax under the head Panthal and Shamiyana. Are we liable to pay Kerala VAT on the invoice amout. If So under which head Right to use or Works Contract.
24 November 2011
Mr. Sunil, It is leasing of Panthal and shamiana.Hence they are chargeable with VAT as transfer of right to use.If you pay tax on leasing then you will be exempt under service tax.Either VAT or Service tax only will be liable.If both the departments come to tax you then you split the bill amount into leasing and erection of shamiana.Pay VAT on leasing(hire) and ST on erection etc....MJK
25 November 2011
Mr. Sunil, Just change of name would not be of much help.If you are organising exbhitions in your own premises,with all facilities, thne it can be altered into a different scheme.Your activity can not be classified in a different way.....MJK
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