in case of Buid Operate Own Transfer , contract, whether contractor is required to pay VAT

GIRISH BAPAT (Querist) 19 January 2011 This query is : Resolved
Whether contractor who is operating contract of Computor Hardware infrastructure set sup on Build Own Operate Transfer basis is a "dealer "within the meaning of VAT Act ?
whether he is required to pay Tax on items which he has purchased to build & operate & then transfering it at the end of contract period.

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H.M.Patnaik (Expert) 20 January 2011
Yes in respect of purchase of all taxable goods , the organisation shall have to pay taxes and may obtain a regn. under the state VAT Act as well as CST act for facilitating use of transit permits/ Way bills for interstate purchase of taxable goods.

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