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Serivice tax on machinery

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 June 2010 1) whether MACHINERY hire charges received is subject to service tax.

2) whether VAT is applicable on the machinery let out.

PLEASE ADVICE...........
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
17 June 2010 Either Service Tax or VAT.

If effective control and posession is transfered, VAT is payable, else Service tax.

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