In-bond sales (bond to bond transfer sales)

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Davis (Querist)
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03 September 2013 Hello,

We have a customer who need in-bond sales.
We import to equipment in our company name & transfer to customs bond warehouse.

On receiving customer purchase order, in-bond sales agreement and other documents. We de-bond the equipment and bill to customer in INR.
Do we need to add VAT.

Please share your input.

Thanks & Regards
Park J Davis

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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10 September 2013 yes.

http://www.tnt.com/content/dam/tnt_express_media/en_in/download_documents/services/India_Interstate_Regulatory_Requirements_Oct2011.pdf