ON STORAGE TANK RENTAL

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..... ON STORAGE TANK RENTAL
Query (Issue) Started By: - sicgil industrial gases Dated:- 11-8-2010 Last Reply Date:- 29-8-2010 Service Tax
Got 1 Reply
Service Tax
WE ARE SUPPLIYING OUR OWN GAS .....

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..... STORAGE TANK TO OUR CUSTOMER ON RENTAL BASIS, AND WE ARE CHARGING MONTHLY BASIS RENTAL ( GUJARAT ) WE HAVE TO CHARGE SERVICE TAX OR VAT OR BOTH KINDLY CLARIFY THE SAME GURU 9898067382 Reply By Ram .....

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..... a Krishana: The Reply: It appears that storage tanks are movable asset which you supply on rental basis. Where you transfer the storage take without transferring right to control and possession to you .....

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..... r customer, you need to pay service tax otherwise, else where you transfer the storage with right to possess and control in favor of your customer, you need to pay VAT.
Discussion Forum - Knowledg .....

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..... e Sharing .....

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