CVD

any Items Import purchase  from out side india will be Taxable in India. vat /cst will be charge on the same. if Highseas sale then no sates tax applicable.

pls give d answr also...u hav confused me also

MR. ALOK JI, Assume, if you are general importer not STP/EOU unit &, import / purchase any goods even computer & when sold this items in Indian market, & paid C.V.D. And any other duty at the time of import, your obligation will THAT realization the all the taxes from the buyer. AND AS PER FOREIGN TRADE POLICY 2009-2014, WHENEVER WE IMPORT / PURCHASE THE MENTIONED ITEMS FROM OUT SIDE INDIA WILL BE TAXABLE IN INDIA. AND VAT /CST WILL BE CHARGE ON THE SAME. AS PER FOREIGN TRADE POLICY:- STP UNITS CAN AVAIL OF FOLLOWING ADVANTAGES UNDER STP SCHEME: • CUSTOM DUTY EXEMPTION • EXCISE DUTY EXEMPTION • CENTRAL SALES TAX REIMBURSEMENT • CORPORATE TAX EXEMPTION ON 90% EXPORT TURNOVER AS PER SECTION 10A OF INCOME TAX ACT. • SALES IN DOMESTIC TARIFF AREA (DTA) UPTO 50% OF THE FOB VALUE OF EXPORTS PERMISSIBLE. REGARDING THIS, HAVE YOU ANY QUERY, CONTACT US THROUGH CA FRIENDS CLAUB, WE REMAIN YOU, REGARDS, RAMESH KUMAR VERMA