Can we charge the CST and VAT for warranty replacement for traded and MFG goods,
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Cst and vat
Replies (4)
please elaborate your case
No VAT/CST is applicable in case of warranty replacement, free samples etc, that is where there is no consideration involved.
can you please briefly explain?
Cost of warranty is generally included in the original price of goods and hence there is no need to charge tax again on warranty replacement as such transactions are not regarded as sale. Hope this is clear.
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