VAT clarification
Guest
At what rate the VAT is to be charged on sale of tools & moulds when the mould/tools not physically moved????? If yes at what rate to be charged? if no why the reason for????
VAT applicability on sale of tools and moulds without physical movement hinges on territorial rules and state-specific rates. Whether VAT applies and at what rate to sales of tools and moulds not physically moved depends on territorial and classificatory rules; the available reply states the treatment hinges on the specific State's law and rates and cannot be determined without identifying the State for place-of-supply and VAT incidence. (AI Summary)
TaxTMI
TaxTMI