Just a moment...

Report
FeedbackReport
×

By creating an account you can:

Logo TaxTMI
>
Feedback/Report an Error
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

about charging vat or cst on selling of imported raw material

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....bout charging vat or cst on selling of imported raw material<br> Query (Issue) Started By: - MEHUL ASHAR Dated:- 1-4-2012 Last Reply Date:- 2-4-2012 VAT + CST<br>Got 1 Reply<br>VAT / Sales Tax<br>Res....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....pected Sir, What we have to charge when we want to sell imported raw material, we have to charge 5% vat or 2% cst. Reply By Pradeep Khatri: The Reply: It will depend on the nature of the sale. Mea....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ning that if the sale is intrastate then you would have to charge VAT as applicable on the goods intended for sales. If the sale is interstate then against form C, you will have to charge CST @ 2% and....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... without C form either 5% or peak rate of VAT will be applicable. Further, if you are selling imported material as such then you can avail the benefit of Notification No. 102/2007-Customs as amended ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....time to time.<br> Discussion Forum - Knowledge Sharing ....