No. Because machinery using for hire only not for sale.... If sale effects vat will come
is VAT applicable on Hire charges on machinery
Page no : 2
Vijay K. Agrawal
(Service)
(608 Points)
Replied 10 June 2008
dEFINETELY, UNDER RIGHT TO USE ACT WICH NOW INCLUDED IN vAT ACT ITSELF. I TTHINK RATE SHOULD BE 4%
(Guest)
| Originally posted by :Jiten | ||
| " | Dear All, Is VAt applicable on hire and maintainance of live indoor plants. Thanks Sushil |
" |
(Guest)
| Originally posted by :madhusudan | ||
| " | VAT is actually value added tax on goods. so I dont think that the hire charges will attract VAT. |
" |
(Guest)
| Originally posted by :Guest | ||
| " | vat is applicable on lease on mahinery in mahrashtra? give details & section thanking you nilesh deore stp |
" |
sumu
(ao)
(21 Points)
Replied 28 July 2011
dear sir ,
vat applicable in machinery hire charges in AP?
If Applicable what's the rate of tax ?
pradeep
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