Sir/madam,
Is Karnataka VAT applicable on renting/sale of space in vertual server (Cloud technology)? if so at what rate?
Menu
Kvat on server space
Replies (3)
Dear Sir
Renting of Property will comes under service tax
sale of space will not come under Kvat act
so
it will comes under services
Mr Akshay Hegde,
Tere is aclear difference between renting/hiring and leasing. It depends on the terms of cotract. If the server space is left to the user/customer to use as he likes ,under his control and operation,then it becomes leasing and taxable under KVAT Act. If such server facility is being operated/controlled by owner of the server then it is simply renting/hiring and does not attract VAT laws.......MJK
Thank you Mr Purna and MJK
Recent Threads
- Income tax act 40 A (3)
- Transmission of deceased's shares in physical form
- Shall I pay GST payment for unkonwnly cancelled in
- Error in GSTR1 filing for October 25
- Inverted Rate structure .
- Exemption to be climed
- GST TDS u/s 51 Applicability on RBI and it's subs
- Time allowed to buy another asset
- ITR not processed for the FY 2024-25
- Gift of money to my wife.
Related Threads
CAclubindia
