Genset Rental or Hiring
This query is : Resolved
S.Kumaraswamy
(Querist)
18 August 2008
One of my Client wants to open a Genset Rental Shop, that is giving Generator Sets on Hire, Kindly advice what he has to take whether Karnataka VAT or Service Tax
If Karnataka VAT is Applicable what is the Rate of Tax to be charged and if service tax is applicable what is the rate of Tax
If Karnataka VAT is Applicable what is the Rate of Tax to be charged and if service tax is applicable what is the rate of Tax
CA Abhishek Tyagi
(Expert)
18 August 2008
It should be taxed under the service tax act @ 12.36%.
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