Rental of xerox machine
This query is : Resolved
12 September 2013
We are a ltd company situated in Karnataka. Few number of xerox machine has been taken on fixed monthly rent for 3 years, after 3 years those machine will be our property.certain no of free copies given beyond that it will be charged. please advice the Service Tax as well as VAT to be charge by the owner.
12 September 2013
yes on supply of tangible assets service tax will be chargeable not vat tax.
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