Taxation

This query is : Resolved 

19 August 2015 if a company issued invoice to foreign company in us $ but delivered goods in India to the unit of that foreign company and payment will received from unit of foreign company in india in US $ what will be the tax treatment for this kind of Transaction i.e Vat or any other tax



19 August 2015 This being sale within India Vat will be applicable.

19 August 2015 what if foreign company and indian company both are different entity

19 August 2015 Will not make any difference only VAT is applicable.

19 August 2015 What if Payment is made by Indian Company on behalf of foreign Company in US Dollar

19 August 2015 Only VAT is applicable as goods are delivered within India.


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