Do i need to charge vat for imported hardware products
This query is : Open
05 August 2011
Dear Experts,
I have imported some hardware for supplying to a client.
This hardware needs some software customization & installation which I am providing.
My office is located in Bangalore and client is located in Hyderabad.
What Taxes should I charge to the client:
VAT or Service Tax?
I have imported some hardware for supplying to a client.
This hardware needs some software customization & installation which I am providing.
My office is located in Bangalore and client is located in Hyderabad.
What Taxes should I charge to the client:
VAT or Service Tax?
06 August 2011
Once you import it becomes the Indian goods and VAT is applicable or if sold in course of interstate than CST
Message likes :
1 times
08 August 2011
Mr.vinzyy,
When you sell to an interstate buyer the hardware is chargeable @2% against 'C' form,and 5% without 'C' form.If you add any software to the imported goods that value is also to be added to taxable value.otherwise, if do only a service like customisation and installation,and charge separately,such ammounts attract omly ST and not VAT.
When you sell to an interstate buyer the hardware is chargeable @2% against 'C' form,and 5% without 'C' form.If you add any software to the imported goods that value is also to be added to taxable value.otherwise, if do only a service like customisation and installation,and charge separately,such ammounts attract omly ST and not VAT.
Message likes :
1 times
11 August 2011
Thank you Mr Agarwal and Mr Krishnamurthy
So I will charge only ST to the client and not supposed to charge any VAT.
So I will charge only ST to the client and not supposed to charge any VAT.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Capital gain from sale of house property
- FORM 26A APPLICABILITY
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
- Updated return in budget 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
