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...........


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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