Hello All,
In case of Online business having its place of business in Mumbai, what would be VAT implications in below situations?
1. In case goods are sold & delivered out of Maharashtra? (MVAT or CST)
2.If answer to above quection is CST then how can I be able to get C form (as Goods shall be sold to individual retail purchasers in most of the cases)
2. In case goods are purchased from out of Maharashtra, Will I be able to claim the input tax creadit of the same?
1) CST
2)Online Business Means you will be selling directly to customer so charge CST at Same rate as you charges Vat. CST @ 2% will not Apply.
3) You cannot claim input cst against Output Liablity.
BHUPINDER SHAH AND COMPANY
New Delhi
CA Inter
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O P Bagla & Co LLP
New Delhi
CA Inter
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Shaswat initial support private limited
Ahmedabad
CS
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CAclubindia
