Easy Office
LCI Learning

Import sales

This query is : Resolved 
Profile Image

Profile Image

(Querist)
22 February 2008 we have imported raw material and under ex bond we have sold to a party.. is local tax applicable on sales and wat is the accounting treatment?
Profile Image

Dayal

Profile Image

Dayal (Expert)
22 February 2008 Yes VAt will be applicaple on sales, as it is first point sale
Profile Image

Srinivas Sharma KN

Profile Image

Srinivas Sharma KN (Expert)
22 February 2008 There is no first point sale concept now, VAT is appliacable at all point of sale.



Profile Image

CA Saurabh Maheshwari

Profile Image

CA Saurabh Maheshwari (Expert)
22 February 2008 VAT WILL BE APPLICABLE AT ALL POINT OF SALE

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links