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Genset Rental or Hiring

This query is : Resolved 

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

18 August 2008 It should be taxed under the service tax act @ 12.36%.



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