Vat in export of goods

Mrinmoy Das (Practice) (48 Points)

01 November 2016  

Dear Friends,

If a foreign party "A" pays a indian party "B" in forex for purchase of  vatable goods which  is to be delivered in the same state to another concern say "c",then ,will vat arise in this transaction where the goods are not moving out of India but the payment is made by a nonresident.Please share you view on this.