Sales tax return

Probably it is to be done only by the lessee entity because..........lease transaction wont come under vat.......so the entity which is undertaking the operations would only be liable to complete the necessary compliances........(pl correct me if im wrong)

Probably it is to be done only by the lessee entity because..........lease transaction wont come under vat.......so the entity which is undertaking the operations would only be liable to complete the necessary compliances........(pl correct me if im wrong)

if the lease value is more than 5 lacs per year, you need to get registration  under VAT and file returns and pay tax on lease rentals(Ref.to section 2 (29) d of KVAT Act