import of goods for sale

This query is : Resolved

yash chauhan (Querist)
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28 May 2009 Our Company is Importer of Electronic Goods and we use imported goods for Resale in Delhi and whole India.

Is it any provision under DVAT for not to charge VAT on Local Invoice as well as payment of VAT while we resale in Delhi.

In our Central Sales Registration Certificate it is mentioned that "We purchase the Electronic Goods for Resale purpose only."

If the VAT is not chargable/Payable please provide the Section No. also.

Sanjeev Kumar

Sanjeev Kumar (Expert)
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01 June 2009 if you import the said goods and subsiquently sold as highseas and / or import in pursuance of a order then the said import are exempt from VAT but if you import the goods for resale purpose take the dilevry and then sold whether locally and / or centrally, you are liable to VAT/CST accordingly. Pls. note, you can take refund of Additional custom duty paid on import.