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vat liability on import license sale, VAT + CST |
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vat liability on import license sale |
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is vat chargeable on sale of import license ? Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
Dear Dipneet Kaur,Licenses/scrips obtained under chapter 3 of the FTP, If sold in open market would certainly attracts VAT/CST as the case may be. Please also check the tax schedule under VAT Laws.RegardsTeam YAGAY & SUN(Management & Indirect Tax Consultants)
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