My question is that when certain goods are imported as free samples to India, can the same be sold locally by charging VAT. Also, what can be done when these goods are received as replacement for already sold products? Will there be any kind of problem either from customs or sales tax if these goods are sold in India now?
11 December 2012
NOTED THAT IF YOU REGISTERED IN VAT @ IMPORT NO VAT APPLICABLE ON THE OTHER HAND IF YOU SOLD THESE GOODS IN LOCALLY MARKET THEN SHOW THE TAX INVOICE.
CAclubindia
