Is operating lease of movable assets is an sale. we had all the assets on opearating lease and vendor charges VAT while raising invoice. so want to know is it correct.......?
Is operating lease of movable assets is an sale. we had all the assets on opearating lease and vendor charges VAT while raising invoice. so want to know is it correct.......?
never operating lease cant be considered as sales..... so no question of VAT at all in my openion
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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CAclubindia
