niki_1079 (CA Practice ) (279 Points)
08 February 2010Hi all
I have a query regarding VAT. If a company gives "right to use" (for example machinery) to other person then VAT is applicable or not?
One more thing is if in an interview, interviewer asked the question what do you know about VAT or tell me about VAT, then what answer should be given?
Thanx in advance.
Ashish Sharma
(Service)
(1028 Points)
Replied 08 February 2010
Vat is Leviable on right to use for interview read the Vat related Faqs on dvat.gov.in
CAclubindia
