Hi,
We have an online store, we are also a seller on snapdeal.com with our firm registered in AndhraPradesh(Now Telangana), I have a question for which I haven't found clear answer on internet, one of my friends suggested this platform and here I am looking for help from experts.
We do local purchases in Telangana state, hence pay the VAT. We sells watches (which incurs 14.5% vat). Now the real question is when a order is placed on our online store from a customer residing out of Telangana i.e from other state then do we need to pay CST also, or just VAT filing is enough?
Let say I have purchased watches locally from a vendor, it costed me Rs7800(Including VAT).
Now When I sell these watches on our online store for Rs10,000(Including taxes) to a customer residing out of Telangana, then does Rs10,000 includes only VAT or does it include CST too.
An answer with a example would really help me a lot.
Thanks in advance :-)
CAclubindia
