Service tax or vat

This query is : Resolved 

01 July 2014 On Renting of Old Laptops whether Service tax applicable or Sales tax applicable. If sales tax applicable then can we take input credit of VAT paid on purchase of old laptops.

Thanks

01 July 2014 VAT as it is hit by the provision of "transfer of goods without transfer ownership". You can take credit as per applicable provisions on respective state.

01 July 2014 in my opinion service tax is applicable


01 July 2014 VAT is applicable.

01 July 2014 vat applicable due to transfer of right to use the assets w/o transfer the ownership.



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