14 January 2009
A DEALER HAS IMPORT THE CEMENT FROM OUT OF INDIA AND MADE DOCUMENT SALE ( HIGH-SEAS SALE ) TO ANOTHER DEALER, CUSTOME ALSO CLEAR ON 2ND PARTY NAME. WILL THE DEALER LIABLE TO GET REGISTRATION OF SERVICE TAX OR SHOULD DEDUCT THE SERVICE TAX AND WHICH RATE IF APPLICABLE ? ?
14 January 2009
Dear Munish, can you please update me about the provisions where the importers of Cement are liable to service tax otherwise. As per my knowledge when you are making a high seas sale, there should be no service tax liability. In normal cases we even do not charge sales tax in case of high seas. Kindly update me in this regard.
CAclubindia
