Is VAT applicable on imported goods ?
Menu
Vat applicabilty on imported goods
Replies (3)
hi
VAT is not applicable but customs and countervailing duty will be charged.
On the same forum, someone has claimed that VAT is applicable on imported goods
/experts/vat-on-imported-items-45731.asp
Can you please clarify.
Madhav
MR MADHAV,
THIS LINK IS BEFORE 4 YEAR ,
noted please that vat is applicable on sale of imported goods, But you can claim the benefit of Notification no. 102/2007-customs in this regards,
agreed with BHANU PRAKASH M
Recent Topic
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
Related Topics
CAclubindia
