Service tax or vat
This query is : Resolved
Krishna Chaudhary
(Querist)
01 July 2014
On Renting of Old Laptops whether Service tax applicable or Sales tax applicable. If sales tax applicable then can we take input credit of VAT paid on purchase of old laptops.
Thanks
Thanks
CA UMESH DULAL
(Expert)
01 July 2014
VAT as it is hit by the provision of "transfer of goods without transfer ownership". You can take credit as per applicable provisions on respective state.
CA Parul Saxena
(Expert)
01 July 2014
in my opinion service tax is applicable
CA UMESH DULAL
(Expert)
01 July 2014
VAT is applicable.
Rupesh Jain
(Expert)
01 July 2014
vat applicable due to transfer of right to use the assets w/o transfer the ownership.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- EPF ECR NEW FILE SEP 17TH 2026
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- Under marginal scheme
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Non filing of I T Returns
- TAX AUDIT ON PROFESSIONAL INCOME
- TDS on Fixed Assets purchased
- Oct 2025 Invoices
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
