Renting of computer

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sushil kumar singh (Querist)
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28 January 2014 Dear Sir,
Our Clint's business is renting of computer. We mention it as inter state works contract @ 5%. But current year the renting amt crossed Rs.10,00,000/- , so now on-wards we should pay sales tax or service tax ?

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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28 January 2014 i) If possession and control is transferred, then VAT attracts being a 'transfer of right to use' goods.

ii) If not , eg:- computer operator is provided by your client, service tax attracts u/s 66(E)(f) w.e.f.1.7.2012 under 'hiring, leasing, licencing of goods'.

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sushil kumar singh

sushil kumar singh (Querist)
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28 January 2014 Yes Sir, here the possession and control is transferred, so the clint need not reg. for service tax, right ?

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