If I m going to import some material of @ 25000 Rupees/M
Tonn which is the basic price till India arrival from out
side of India then which taxes or duties will include after
arrival and If I will sell it to another body in same state
then which taxes or duties will include and If I will sell
it to another body in different state then wich taxes or
duties will included in the basic price, kindly give me the
correct answer ASAP.
Thanks,
Deepak Prasad
Answer / abhivirthi tax and industrial
While importing goods from other countries, Import Duty or
Customs Duty has to be paid by the importer. The cargo
freight charges for the goods imported from other countries
have to be paid by the importer. In addition to the above,
Storage charges, loading and unloading charges,
documentation charges, weighment charges, fuel charges,
service tax for logististics, etc. have to be paid by the
importer. These expenses and lorry freight will form part
of purchase and the purchase value includes all the above.
Then adding certain percentage of profit sale bill will have
to be raised and Value Added Tax has to be charged on the
whole sale value at appropriate local VAT rate if the sale
is within the State and Central Sales Tax has to be charged
if the goods are sold the the dealers outside the State.
Reply from:
ABHIVIRTHI Tax and Industrial Consultancy
R.R.JAGADEESAN
VAT Practitioner and Industrial Consultant
H-63, Palaami Enclave
New Natham Road,
Madurai-625014
Cell: 9994990599,
| Is This Answer Correct ? | 1 Yes | 0 No |
Who are you responsible to, how many people are you responsible for, and how much decision autonomy do you have in project management, managing people and managing a budget in the firm
Is it compulsory and binding that the H forms are available only for Exports. Is H Form is available for Deemed Export Category. Supplies under a Service Provider Category. Executing a Project under ICB Category.
Briefly describe your ideal job?
why mba after engineering? why change field
Distinguish between Profit and Loss Account and trading a/c
what is the difference between bussiness group, organization and company.
hello every1 i m a fresher PGDM (IB)...i would like to know about questions asked duing interview in known companies.....n if possible GD topics also.........
what is meaning buy roc
MOP can be processes ? and after processing can it be use for industrial purpose and pharmaceutical purpose ? can it be process for injectable use ?
Why do you want to do MBA??
hi frn iam Ashish frm nepal..ihave got my bank balance in my own name incase of my father or mother.coz they are in Israel and they havent open their account here in nepal...my interview is in 29 nov....so what to do for this problem..if this question is asked than what shall i do?plz reply soon....
what is ur outlook in life???
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3209)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)