11 January 2011
sir i am working in pvt. hospital. one photocopy machine installed in office on monthly rent like rs 3200 pm upto 6000 copy and .40 for extra copies.
at the time of bill this company charge 12.5% vat on monthly rent and 10.3% service tax on excess photocopys
is it right ? what is the rate of vat on rent of machines.