VAT Provisions on Online Shopping
This query is : Resolved
28 May 2010
Dear All:
Please let me know what provisions of VAT/CST will be applicable on the company selling goods online in India.
Your immdediate response will be highly appreciated.
Regards,
Manish Kapoor
Please let me know what provisions of VAT/CST will be applicable on the company selling goods online in India.
Your immdediate response will be highly appreciated.
Regards,
Manish Kapoor
28 May 2010
obviously there would not be any vat/ cst on online purchase as because there is no billing system generated in the online billing system. secondly most of the purchase under online is from the individual side, in that case the liability if vat or cst is inclusive and is to be pay by the seller, not the purchaser.
21 June 2010
Mr. Gautam, the question is regarding
sale by company selling goods online
There will be no difference between online sale and regular sale.
If goods are delivered in state, state sales tax will apply,
If goods are sold out of state, the CST will apply,
If goods are exported, custom laws will apply
The question is also regarding sale of goods and not regarding sale of software.
sale by company selling goods online
There will be no difference between online sale and regular sale.
If goods are delivered in state, state sales tax will apply,
If goods are sold out of state, the CST will apply,
If goods are exported, custom laws will apply
The question is also regarding sale of goods and not regarding sale of software.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Taxable or Tax exempt
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- TDS Deducted AY-2013-14 Not Reflected in 26as
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- ADVANCE PAYMENT OF ADVOCATE
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- NRI starting business in India
- DIN reactivation
- GST not cancelled by tenant
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
