Easy Office
LCI Learning

Rental of laptops - attract service tax or vat ???

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 March 2016 Dear Experts,

I have taken laptops on rent with a monthly rental payment. The person is charging vat.
I thought service tax should have been levied.Please clarify ???
Profile Image

Ankur Singhal

Profile Image

Ankur Singhal (Expert)
07 March 2016 Dear
Renting of laptop
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
07 March 2016 Sir.. Please reply again..your last post was not posted properly.
Upgrade to CAclubindia Pro. Subscribe Now!

Profile Image

Bhaskaran Chackrapani Warrier

Profile Image

Bhaskaran Chackrapani Warrier (Expert)
07 March 2016 Since control and possession rest with you, VAT attracts under 'right to use of goods' being considered as a deemed sales.

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


CCI Pro
Live Budget News and Updates

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