Genset Hiring - KVAT
This query is : Resolved
S.Kumaraswamy
(Querist)
18 August 2008
some gensets hiring people are charging 4 % KVAT on Rental Charges kindly clarify
CA. O.P. Agarwalla
(Expert)
17 September 2008
Giving genset on hire (If the transfer of right use has been made) falls under the ambit of sales and is taxable at the rate specified by the state.
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