06 March 2009
when we buy goods on internet: state in which company seeling goods is registered and state of buyer are considered to determine whether VAT or CST is chargeable. IT IS SAME AS COMPANY HAVINGS DIFFEREN BOOKING OFFICE IN DIFFERENET PARTS OF THE COUNTRY. OR COMPANY SENDING ITS SALES EXECUTIVE TO DIFFERENT PART OF COUNTY.
in case os import: neither vat not cst but CUSTOM DUTY is chargeable
CAclubindia
