Vat and cst applicable list

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This query is : Resolved

Swati Sarkar (Querist)

05 July 2016 Respected Sir / Madam,
1. I sell couple of things from home in Snapdeal.
My list of goods are mobile holder, USB light, USB fan, mobile pouch etc.
For example, I get a payment of 100/- from Snapdeal for every successful sale of mobile pouch. Customer pays 200/- to Snapdeal and Retail invoice of Snapdeal shows as price as 170/- and vat as 30/-, a total of 200/-.
Our payout break up is as follows: Merchant cut 100/-, logistics fee 60/-, Snapdeal commission 40/-, a total of 200/-.
In actual what Vat /CST to be paid by us Or claim to be done? Kindly provide Guidance.

2. Where can I get detailed list of Vat /CST rates for different products like, mobile accessories, kitchenware, gaming accessories, computer peripherals, etc.

ASHWANI DHANUKA

ASHWANI DHANUKA (Expert)

05 July 2016 Please explain more about model. is it a or b
a) You sale to Snapdeal>> SnapDEAL raises invoices to Customer>>Snap Deal receives Payment>>Transfer the claim made by you to your account
or
b)You does not sale to snapdeal>> You directly delivers to customer with logistics charges beared by you>> Snapdeal receive spayment>> Snapdeal after retaining their commission>> transfer balance amount to you.

Swati Sarkar

Swati Sarkar (Querist)

05 July 2016 Dear Sir, It is model "a". Also, in retail invoice generated by Snapdeal panel reads... seller: my name, customer name: actual. and at the bottom, there is a note that customer has bought the item through Snapdeal for personal usage.

ASHWANI DHANUKA

ASHWANI DHANUKA (Expert)

05 July 2016 From your submissions i understand that you does not raise any invoice on snapdeal. So in your case, there is only one sale that is supplier to buyer and Snapdeal is involved in guise of an agent and charges only commission.
Now please explain me "movement of goods"

choose model applicable in your case?
a)Your Home to a Warehouse of snapdeal situated in the state where your home is. That Warehouse of snapdeal to customers house.
b)Your Home to a Warehouse of snapdeal situated outside the state where your home is. That Warehouse of snapdeal to customers house.
b)your home to customer home.

ASHWANI DHANUKA

ASHWANI DHANUKA (Expert)

05 July 2016 read last model as c)

Swati Sarkar

Swati Sarkar (Querist)

05 July 2016 Dear Sir, It is getting picked up from my home by different courier companies assigned by Snapdeal on Random order and gets delivered to customer.

ASHWANI DHANUKA

ASHWANI DHANUKA (Expert)

05 July 2016 As per Provisions of VAT and CST, one should Pay VAT on intra-State sales and CST on Inter-State Sales
However, currently most of the e-commerce companies are charging VAT even on inter-state sales. There is huge controversy going on about this.
I will suggest you to seek a guidance of a Local CA so that he can guide you as per the provisions of your Sate Vat Act

Swati Sarkar

Swati Sarkar (Querist)

05 July 2016 Dear Sir, My query is on what amount I should pay Vat / CST w.r.t. above said example. i.e. on 200/- (which retail invoice price) Or on 100/- (which is actual intake at my end). My state is Gujarat. Kindly guide.

ASHWANI DHANUKA

ASHWANI DHANUKA (Expert)

05 July 2016 It will be always on Retail invoice price raised on end user of product

Swati Sarkar

Swati Sarkar (Querist)

05 July 2016 Sir, Is there any way we can speak to you over phone?

ASHWANI DHANUKA

ASHWANI DHANUKA (Expert)

05 July 2016 Drop ur email id
Or
Email ur contact no :-
ashwani.dhanuka@gmail.com

Swati Sarkar

Swati Sarkar (Querist)

05 July 2016 thanks sir