ON SALE OF DEPB LICENSE WHETHER VAT IS LEVIABLE?
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DEPB
Replies (2)
There are case laws wherein it was held that DEPB is goods for the purposeo of VAT/CST. Hence will attract VAT/CST.
Regards
Dayananda
IF DEPB LICENCE HOLDER IS IN DELHI AND PURCHASNER IS IN DELHI WHEN THE VAT WILL NOT IMPOSED . I MEAN THAT IF YOU SELL IT IN OTHER STATES , VAT APPLICABLE IT DEPANDS THE VAT POLICY OF THE CONCERNED STATE DEPARTMENT.
REGARDS,
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