varsha
Varsha Kidecha (ACCOUNT ASSISTANT) (26 Points)
01 June 2017
What is destination base and origin base taxation?
1 Replies
Piyush Tanwar
(Assistant Manager - Accounts)
(1432 Points)
Replied 01 June 2017
**Destination based Taxation means that the decision to charge tax, and how much tax you charge, is determined by the destination of your goods. In other words, the tax rate is determined by where the buyer is located, not the seller.
**Origin based Taxation means your tax is based on the origin of your product, not the destination.
Thanks and Regards
Piyush Tanwar
CA Finalist and Internal Auditor
Mobile - 9717468521
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