while machinery parts renting out, whether attract VAT or Service tax as per Karnataka VAT Act
A. Solomon (Manager - Accounts) (60 Points)
17 April 2013while machinery parts renting out, whether attract VAT or Service tax as per Karnataka VAT Act
C.A. Sandeep Wawhal
(Chartered Accountant PGDFM BCom.)
(1823 Points)
Replied 17 April 2013
Both tax will attract based on turnover of company.
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