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Tax laiblity

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(Querist)
11 July 2012 I have a simple question for renting /hiring out Gen sets ? ( Not transfer the ownership rights) Is it service taxable or not ? Presently we are collecting only VAT from the end user.
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CA Vikas

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CA Vikas (Expert)
11 July 2012 Hiring of Machinery is treated as deemed sale under MVAT act. accordingly VAT is liable to charge & not service tax.

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