vat on hiring a machinary
This query is : Resolved
08 September 2009
is vat applicable on hire charges for hiring a machinary to a company.
CA. O.P. Agarwalla
(Expert)
09 September 2009
VAT is applicable, if the right of the use of movable assets has been transfered. So applicability of VAT will be decided on the terms of the contract.
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