13 June 2015
We are providing DG set on rent to banks, LIC, Etc. we have paid service tax on rental income. But vat tax Dept. in MP is asking us to pay vat tax on rental income that they call Deemed Sale . This case was Year 11-12. Since than we are regularly paying service tax on rental Income now if we going to pay sale tax on rental income of year 11-12. Does Is it possible us to claim our service tax back. & same Amount we can pay to vat tax.