Foreign sales without physical delivery
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 July 2012
'A' is a US company, sets up subsidiary'B' in India to promote sales.'A'has tie up with 'C' in India (which is not related to it) for manufacture of its goods.'B' collects Purchase Order and informs'A'.'A' asks'C'to make the goods ready.'A'makes sale invoice on'B'.'B' sells to Indian Customer on its Invoice.Goods are delivered by 'C' to the customer.The question is 'What are the Tax implications at each stage?'
06 August 2012
if company "b"is situated in SEZ it will be applicable facilities as per FTP otherwise will pay all the taxes applicable by law .
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