Background: My Company "XX" wants to sell software on behalf of a US Company "ZZ" acting as their Distributor in India. 1. Sell as in the condition bought. 2. Sell after customizing as per the local needs.
Please let us know what kind of taxes would be involved in such a kind of transaction.
20 November 2010
In both the situation, Customs duty for (Import) Excise duty (If the goods are excisable in India) VAT (sale with in India) & income tax (Profit)
CAclubindia
