Import sales
This query is : Resolved
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?
22 February 2008
Yes VAt will be applicaple on sales, as it is first point sale
22 February 2008
There is no first point sale concept now, VAT is appliacable at all point of sale.
22 February 2008
VAT WILL BE APPLICABLE AT ALL POINT OF SALE
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