Sales tax applicability on export

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..... Sales tax applicability on export
Query (Issue) Started By: - Bimbita Dated:- 20-8-2007 Last Reply Date:- 3-9-2007 VAT + CST
Got 1 Reply
VAT / Sales Tax
We would be selling our products .....

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..... to a company that is based in the USA and receiving the payment in foreign exchange. However, our buyer has instructed us to dispatch the materials to a warehouse in SEZ. The export invoice /packing l .....

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..... ist etc. have the name of the buyer as our customer in the USA but the consignee is the warehouse in SEZ a/c buyer name. ARE1 and Bill of Export is also being filed. Our buyer states that no sales tax .....

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..... is payable as this is export transaction. Buyer can not issue Form I as he is not an Indian company & the warehouse in SEZ cannot issue Form I as they are only providing warehousing service and not c .....

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..... onsuming the materials. Please advice. Regards, Bimbita Reply By Surender Gupta: The Reply: It may not be possible to discuss all the provision here since this query is complicated one, but I believ .....

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..... e that the transaction qualifies the conditions of section 5 of the CST Act, and there is no local tax is applicable.
Discussion Forum - Knowledge Sharing .....

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