Hi all,
One of our client charged and collected lease rent on hiring of projectors and claimed exemption from total turnover. Is it correct. Kindly help me out in the taxability of the above event under Karnataka VAT provisions
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VAT on lease rent on hiring of machinery
Replies (2)
is there VAT applicable on rent?
Hi,
Many state are imposing vat on lease rent on hiring of machinery. As per APVAT it is applicable
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