Kindly let me know whether VAT or Service tax is applicable in case of Machine given on rental without operator. In this case effective control and possession of the machine is not transferred.
please reply
Prem.. (.) (110 Points)
23 October 2015Kindly let me know whether VAT or Service tax is applicable in case of Machine given on rental without operator. In this case effective control and possession of the machine is not transferred.
please reply
CA Vikram Agarwal
(C.A.)
(418 Points)
Replied 24 October 2015
there will not be charged any VAT, this is service provide b you under suuply of rented tangible good so service tax will be charged @ 14%
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