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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