Easy Office
LCI Learning

origin principle & destination principle in vat

This query is : Resolved 
Profile Image

Profile Image

(Querist)
15 September 2010 is vat applicable on imported goods also.??n please explain the concept of origin principle & destination principle
Profile Image

MJ Krishnamurthy

Profile Image

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

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