LEASE FOR GENSET
This query is : Resolved
14 April 2009
DEAR EXPERTS
LEASE FOR GENSET VAT APPLICABLE 4% AT SAME BILL SERVICE TAX ALSO ARRACT.MY QUESTION IS WHY ARE CHARGED VAT ?
PLZ CLARIFY
PLZ REPLY WITH NOTIFICATION.
SHADAB
LEASE FOR GENSET VAT APPLICABLE 4% AT SAME BILL SERVICE TAX ALSO ARRACT.MY QUESTION IS WHY ARE CHARGED VAT ?
PLZ CLARIFY
PLZ REPLY WITH NOTIFICATION.
SHADAB
15 April 2009
VAT and Service tax are mutually exclusive.
If there is tranfer of right to control, VAT is applicable otherwise service tax is applicable.
If there is tranfer of right to control, VAT is applicable otherwise service tax is applicable.
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