Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

VAT/CST - how much?

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Follow Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

15 July 2011 We run an online retail store based out of Bangalore. We plan to sell all over India. We will be selling clothes manufactured outside India and imported. What will be the VAT and CST rates we have to pay? I also think we need to bear the entire VAT/CST burden in this case. Is this correct?

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
Follow

15 July 2011 Mr Author,
The type of cloth you will be importing and selling is not clear. However,The readymade garments,clothing accessories,blankets etc will be chargeable at 5% and with 'C' form at 2%.
MJK

Querist : Anonymous

Querist : Anonymous (Querist)

16 July 2011 Mr Krishnamurthy, thanks very much for your help. We will be importing readymade women's clothing and selling them.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now