17 January 2010
A U.S. based company giving order for one product to manufactured in India (indian Business house) Indian Company is taking order also demand for Dies & tools. U.S. Based company told Indian company to make dies & tools at your end ( it means in india ) & do the supply of the product. Indian Company developed the dies & Tools & start supplying the product.
In above case wheather Vat implecation will came while making the Dies Bills to U.S. Based Company?
How the transaction will be completed of Dies & Tools ?
CAclubindia
