TOPIC RELATED TO CUSTOMS, VAT, SERVICE TAX, CST
Hi team,
We are going to setup a business in India.
Customers from India will place order with us in India.
My brother from USA will send the items directly to India.
Customers will pay the customs applicable when they recieve the item.
We will reimburse customs to our customers.
As of now we are thinking of registring below:
Sole propetiership
VAT no for Punjab
IEC code
My queries are:
1. Will VAT be applicable on the sold products direclty from USA to customers across India? As item will not land in Punjab, where we have to pay VAT...Item will land in other states across India direct to customers..Please clarify.
2. Do we require CST number to do this type of business?
3. We are providing a services type things only..As sending items directly from USA to customer. So, how will this business be taken care of?
Thanks in anticipation
CAclubindia
