30 January 2008
Hello, One of my clients have two businesses: 1) Civil Contractor 2) Letting JCB Machines on hire. He is registered under MVAT Act for his Civil Construction Business. As far as JCB Freight receipts are concerned what is the VAT Liability? Is there any set off available? Is there any Service Tax Implication also. Thanks
31 January 2008
jcb dervices are letting out the vehicles and not liable to mvat act and there is also not liable to service tax.only tds is to be deducted from rent of jcb
CAclubindia
