Applicablity of vat


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 November 2011 We hired a generator for monthly rental basis.While submitting the bill he claimed VAT on hire charges.

Whehter VAT is applicable for the same?

08 November 2011 In all most all stats leasing is also included in the term sale. So Vat will be leviable on lease charges. Monthly rental of generator is also a leasing charges and Vat will be applicable.
How ever if there is a rent without transfer of possession then VAT will not be applicable and Service tax will be applicable.






















































































































































































































































































































































































































































































































































































+-














































































































































































































Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 November 2011 Without Transfer of possession means?

08 November 2011 In your case VAt will be applicable.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details