banner_ad

Vat on foc

This query is : Resolved 
Profile Image

Profile Image

(Querist)
05 February 2012 In automobile dealership we give the assessories free of cost with car. The assessories is purchased on CST. Is vat applicable on FOC sale in haryana?
Profile Image

Manoj Malpani

Profile Image

Manoj Malpani (Expert)
06 February 2012 FOC is not covered under "SALE". So there is no question of VAT / CST on FOC Transactions
Profile Image

CA. Hari Kishan

Profile Image

CA. Hari Kishan (Expert)
06 February 2012 Basically the value of the goods sent on FOC is already included in the value of the other goods sold and factored for.. so there is no VAT implication on goods when sent on FOC.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
08 May 2026
Paid Assistants

Quick Taxperts Private Limited

Bengaluru

Graduate (Any)

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details