Can vat charge on the rent of computer ?
This query is : Resolved
21 January 2013
A private limited company has taken computers & laptop on rent . Is vat charged by the owner of the computer in the invoice for charging monthly rent ?
Guest
Guest
(Expert)
21 January 2013
in case the computers are transferred to company at the end of lease period then it is deemed sale and vat shall be levied.
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