vaibhav (owner) (21 Points)
04 January 2017Hi
I am in business of Renting Wedding Dress. We provide Sherwani for Dulha + Chaniya Cholis for Women on rental basis for marriage and other holly ocassions. I would like to know that wherther i have to pay VAT or I have to PAy service tax.
I would like to know that do i have to charge customer both VAT + service tax.
i have just started business
My business is in Gujrat.
Please help me
CA Devesh Bisht
(Chartered Accountant)
(258 Points)
Replied 04 January 2017
Renting of wedding dresses is a kind of service, hence service tax shall be leviable.
VAT is not applicable..
pankaj
(Practice)
(89 Points)
Replied 04 January 2017
CA Jitender Yadav
(Sr. Finance Executive)
(261 Points)
Replied 05 January 2017
Manoj Pathak
(ca)
(35 Points)
Replied 05 January 2017
Sagar Devani
(Corporate and International Taxation)
(1174 Points)
Replied 05 January 2017
VAT is applicable on sale of goods, whereas service tax is payable on service. Since renting of clothing is a service and not sale service tax is applicable
CAclubindia
