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Foreign Buyer consingee is in indai Can sale aginst c form or LOcal vat

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..... Foreign Buyer consingee is in indai Can sale aginst c form or LOcal vat
Query (Issue) Started By: - hardik parikh Dated:- 28-11-2013 Last Reply Date:- 3-12-2013 VAT + CST
Got 3 Replies
VAT / Sales Tax
Dear Sir, Our Buyer is In Europe, Consignee in Chennai, we raise the invoices to Foreign buyer , material dispatch to Consignee In India, Can we sale against C form? can consignee give .....

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..... c form against Cst 2 percent ? Regards, Hardik Reply By VIKAS KAPOOR: The Reply: Dear Hardik Pls make a note that in E-1 Sale Consignee does not give the C Form to Manufacturer, In E-1 sale You have to collect the C Form from your foreign buyer. Which is not possible. Regards.. Vikas Kapoor Reply By N Balachandran: The Reply: Dear Mr. Hardik, I presume that, your Foreign Cusotmer don't h .....

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..... ave establishment / VAT registration in India. When the customer don't have VAT/ CST registration, he will not be in position to issue the "C" form. Your Sale transaction to be treated as Local Sale and No "C" form can be issued by your Customer. Sale U/s 6(2) b of CST act does not arise here. Reply By Ashok Jogalekar: The Reply: To be called export the material has to leave the Indian shores a .....

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..... nd since the delivery is in India it will be considered as local sale and VAT / CST will be applicable as the case may be. Further, if the local consignee is not registered full sales tax will be applicable as he can not provide C form. Order placed by buyer based abroad or receipt of amount in Foreign currency does not determine the applicability of Sales Tax.
Discussion Forum - Knowledge Sh .....

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..... aring .....

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