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KVAT IS APPLICABLE FOR MACHINERY HIRE CHARGES

This query is : Resolved 
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(Querist)
21 May 2009 We are paying Rs. 24 Lacs Per annum against bill for machinery hire charges & we are deducting TDS u/s 94(I) @ 10.3%.

I would like to know whether KVAT is applicable AND CAN WE CLAIM INPUT VAT CREDIT.
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Vishnu Saboo

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Vishnu Saboo (Expert)
01 June 2009 Your case seems "Right to use".
if service provider is registered in sale tax. u r not liable to pay sale tax.
but if he is URD, you are liable to pay sale tax.
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