Vat on Machinery Hire charges in Karnataka

This query is : Resolved

Geeta (Querist)
Follow

16 March 2011 As per our company's nature of works,we are installing machine at customer place. Is there vat is Applicable? at what rate? If under works contract,then what is the tax structure?

At present,we are making invoice with words machinery rental charges and charging the service tax @ 10.3% on total value.

CA Chandresh Agrawal

CA Chandresh Agrawal (Expert)
Follow

16 March 2011 AS u r jst giving service for installation of machine vat is not applicable.

Geeta

Geeta (Querist)
Follow

16 March 2011 Thanks for reply.
But some doubts is there.
We are installing the Printing & photocopying machine at customer place.At the every month end, we are taking the reading from machine and making the invoice for no. of copies printed or photocoying done.

CA Chandresh Agrawal

CA Chandresh Agrawal (Expert)
Follow

17 March 2011 Just give me details of exact nature of service you are providing.
my email id is agrawal121@yahoo.co.in

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

mohammad.asraf

yogesh korani

xavier

sinu kurian

SHIBSANKAR DEY

Subscribe Now

Vat on Machinery Hire charges in Karnataka

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Accountant

Senior Executive

Manager- Finance and Compliance

GST CONSULTANT

CA Final