VAT on Genset hiring

This query is : Resolved 

01 June 2010 We are taking the generator at Ludhiana on hire basis and will pay to the vendor on monthly basis. Vendor is charging VAT @ 12.5%.

Pls clear how can he charge the VAT on the said .

01 June 2010 It is taxable as deemed sale under article 366 (29A)of the constitution.



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