is vat is applicable on sale of imported goods
is vat is applicable on sale of imported goods
ajimuddin shaik
VAT Applies to Imported Goods Sale; Potential Benefits Under Notification No. 102/2007-Customs for Unaltered Goods Mentioned. A forum discussion addressed whether VAT applies to the sale of imported goods. Two participants confirmed that VAT is applicable. One participant mentioned that while VAT is indeed applicable, there is a possibility to claim benefits under Notification No. 102/2007-customs if the goods are sold in the same condition as imported. (AI Summary)
TaxTMI
TaxTMI