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MOVABLE PROPERTY TAXABLE

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Querist : Anonymous

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Querist : Anonymous (Querist)
15 January 2010 Sir, if Medical equipment which is movable property is given on rent and not sold the amount so received to us should be treated as what whether we should bill them with Service tax or sales tax or without any tax
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Madhukar N Hiregange

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Madhukar N Hiregange (Expert)
16 January 2010 If the control and possession given then VAT. If not then service tax under supply of tangible goods.
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