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VAT on Printing Sales

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(Querist)
07 September 2009 If a media agency buys a priting items from the printer or get printed from a printer and put up on an hoarding as per the agreement with the Client, will that agency is liable to pay any VAT on such transaction?
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CA. O.P. Agarwalla

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CA. O.P. Agarwalla (Expert)
09 September 2009 Depends on the language and terms of the contract. At first it is to be determined that by his business, whether the agency is selling any goods to the client, or whether the agency is transferring the right to use to his client or whether the agency is executing the WC in which the transfer of property in goods is made.
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