Invoice for Export Tooling cost recovery - No physical movement will attract VAT

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..... Invoice for Export Tooling cost recovery - No physical movement will attract VAT
Query (Issue) Started By: - K.Srinivasan Kuppuswamy Dated:- 13-5-2017 Last Reply Date:- 18-5-2017 VAT + CST
Got .....

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..... 2 Replies
VAT / Sales Tax
Dear Sir, We are the casting manufacturer. For manufacture of castings we are using the tool developed by us on behalf of customer and retained by us for manufacture .....

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..... of castings. For recovery of tool cost from Export customer we are raising invoice and the same considered as income. WE are not charging the VAT or excise duty. But VAT authorities informed us to .....

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..... charge VAT. Please advice whether we need to charge VAT. Regards K Srinivasan Reply By K.Srinivasan Kuppuswamy: The Reply: Dear Sir I have not seen any reply / views so far. Can we consider the .....

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..... department view is correct? Regards K Srinivasan Reply By K.Srinivasan Kuppuswamy: The Reply: Dear Experts Request your views . Regards K Srinivasan
Discussion Forum - Knowledge Sharing .....

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