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Implecation of Vat

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Querist : Anonymous

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Querist : Anonymous (Querist)
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 ?


Regards

Ketan
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Kamal Aggarwal

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Kamal Aggarwal (Expert)
18 January 2010 Dear Ketan

The sale of dies to the US based company would be subject to VAT.

Regards
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