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VAT ON COMPUTER RENTALS

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(Querist)
10 July 2007 Dear sir,
whether VAT is applicablr on Computer Rental charges.
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Monark

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Monark (Expert)
10 July 2007 NO.
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SHIV KUMAR GUPTA

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SHIV KUMAR GUPTA (Expert)
10 July 2007 IT WILL VARY FROM STATE TO STATE NOTIFICATION ON VAT. THUS QUESTION NEEDS THE NAME OF THE STATE FOR WHICH RENT WAS OR IS TO TO BE PAID ON COMPUTOR RENTALS.
S.K.GUPTA



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Shashi Mohan Jha

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Shashi Mohan Jha (Expert)
12 July 2007 Yes.The rate of tax on computers will the rate of tax on lease income earned however will depend on the state.

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