Is vat charged on sale exclusively to a company ?

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Querist : Anonymous

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Querist : Anonymous (Querist)
10 January 2013 Our client has entered into an agreement with a company for manufacturing a mold. and the product from that mold will exclusively be sold to that company only. So does this sale come under VAT or Excise or Service Tax?

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Guest (Expert)
10 January 2013 In case of a manufacturing unit Excise duty will be levied on satisfaction of required terms. VAT shall be charged as per state VAT law.

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 January 2013
Thank You sir. The company is based in USA. So what will be applicable? What are the requirements?


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