origin principle & destination principle in vat
This query is : Resolved
15 September 2010
is vat applicable on imported goods also.??n please explain the concept of origin principle & destination principle
MJ Krishnamurthy
(Expert)
01 August 2011
Miss Khyati,
VAT is payable onsale of imported goods also. The origin principle is that is for charging any VAT thee sale should begin from that State.Destination principle is to where the good are despatched.
MJK
VAT is payable onsale of imported goods also. The origin principle is that is for charging any VAT thee sale should begin from that State.Destination principle is to where the good are despatched.
MJK
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