Vat on renting of movable property

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Querist : Anonymous

Querist : Anonymous (Querist)

23 June 2014 Does Renting Of Movable Property Comes Under Works Contract?

One Of Our Suppliers Charged Both, VAT & Service Tax For Renting Of Movable Goods (Beans). Is It Valid?

Rupesh Jain

Rupesh Jain (Expert)
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23 June 2014 VAT on movable property depend on the state VAT act. in some state if you take any property on rent then they take tfr. of property use then they charge full rate of tax like in Haryana 13.125% (12.5%+5%surcharge)

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