Rental of laptops - attract service tax or vat ???
This query is : Resolved
Querist : Anonymous
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 ???
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 ???
07 March 2016
Dear
Renting of laptop
Renting of laptop
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 March 2016
Sir.. Please reply again..your last post was not posted properly.
07 March 2016
Since control and possession rest with you, VAT attracts under 'right to use of goods' being considered as a deemed sales.
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