Vat on machinery rented to other state from maharashtra

The machinery is given on hire for rent . So it is HIRE PURCHASE SALES . As per M VAT Act Hire purchase sales forms a part of the TURNNOVER of sales . Hence VAT will be applicable .  C FORM cannot be issued as the ownership does not get transferred and also it is a capital good . C FORM cannot be issued by the buyer for purchase of capital good ....

In my above reply i have assumed that it is the business of the the person giving the machinery on HIRE BASIS ...