Alok Kumar (Assistant Manager) (32 Points)
14 January 2010Case study,
A company has purchased computers from a vendor in india, the vendor charges for the computer & levies Counterveiling duty on the goods & VAT.
Question here is, is it possible to charge CVD by a domestic vendor. The vendor has actually imported the goods from outside india.
what would have been the case, if the company is a STPI unit?
Regards,
CA. Alok Kumar
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14497 Points)
Replied 14 January 2010
any Items Import purchase from out side india will be Taxable in India. vat /cst will be charge on the same. if Highseas sale then no sates tax applicable.
ca manoj rathi
(ca)
(152 Points)
Replied 01 February 2010
pls give d answr also...u hav confused me also
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 02 February 2010
CAclubindia
