TMI BlogVat Applicability - equipments on rentX X X X Extracts X X X X X X X X Extracts X X X X ..... where equipments / plant and machinery is given on rent undre mvat law vat is required to be charged ( sinc the lease act has been merged with vat act) as per service tax act any tangible property giv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... en on lease is liable for service tax is in these kind of transactions both vat and service tax will be applicable kindly clarify whether this is correct - Reply By Mukesh Kumar - The Reply = Supply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of tangible goods for use and leviable to VAT / sales tax as deemed sale of goods, is not covered under the scope of the proposed service. Whether a transaction involves transfer of possession and con ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... trol is a question of facts and is to be decided based on the terms of the contract and other material facts. This could be ascertainable from the fact whether or not VAT is payable or paid. - Vat App ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... licability - equipments on rent - Query Started By: - madhavvan Dated:- 27-5-2009 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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