TMI BlogSales tax applicability on exportX X X X Extracts X X X X X X X X Extracts X X X X ..... We would be selling our products 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 S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... EZ. The export invoice /packing list 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. O ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ur buyer states that no sales tax 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 provid ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ing warehousing service and not consuming 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... query is complicated one, but I believe that the transaction qualifies the conditions of section 5 of the CST Act , and there is no local tax is applicable. - Sales tax applicability on export - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Query Started By: - Bimbita Dated:- 20-8-2007 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Manag ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ement India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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