Hello everyone ..
Can some one please explain me that whether VAT is Applicable on HIGH SEA SALES ??
Thanks in advance ...
Menu
A query
Replies (5)
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
| Originally posted by : Abhimanyu Bind | ||
 |
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
in case of inter state sales , c form application should be for invoice amount including CST net off goods return ....
Recent Threads
- ITR-2 Payment Made but Status Not Updated
- Need help for ITR filing
- ITR Updated returns. Time limit for filing
- ITR 2 Processed and Refund Credited to Bank
- Freelancer or Salaried
- LTCG Tax & Indexation on Debt Mutual Funds Sol
- Section 45(5A) and 194IC with carry forward of tds
- Paid tax amount, CIN generated and challan downloa
- INTRADAY INCOME PRESUMPTIVE INCOME
- Clarification on Deemed Export Status for EOU-to-E
Related Threads
CAclubindia
