Implecation of Vat
This query is : Resolved
Querist : Anonymous
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
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
Kamal Aggarwal
(Expert)
18 January 2010
Dear Ketan
The sale of dies to the US based company would be subject to VAT.
Regards
The sale of dies to the US based company would be subject to VAT.
Regards
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