Hello everyone ..
Can some one please explain me that whether VAT is Applicable on HIGH SEA SALES ??
Thanks in advance ...
If the high sea sale is within the state then yes, and if the same is for the purpose of export then vat is not applicable.
Hi,
VAT is not applicatble in case of HIGH SEAS SALE. As in the case of HIGH SEAS SALE no value is added in that. So, VAT is not applicable.
Regards,
Abhi
Agree with abhimanyu .......
which amount to be filled in C form
1.Taxable amount ( basic+excise)
or
2.Invoice amount (basic+excise+cst)
Bhanuprasad Dheniya
Your are not logged in . Please login to post replies Click here to Login / Register
More recent discussions | Post
Abic and Mani Chartered Accountants
Kottayam
B.Com
Malhotra Rajesh & Associates
New Delhi
J Y & CO
Hyderabad
CA Inter
Srinath Manikanta
HIRE NOVA
Lucknow
Graduate (Any)
M N Rao & Associates LLP
Vijayawada
Continental Belting Pvt Ltd
Mumbai
Ravi K Jain & Co
Noida
Others
India's largest network for finance professionals
Alternatively, you can log in using: