Where Will I be Paying TAX, Income Tax

[King Dranzer]

If I manufacture PC Case in India and then export and sell them in US while living in India. Where will I be Paying TAX in US or in India.

Posts / Replies

[Kishan Barai]

There is no tax on exports, but you might have purchased raw material for manufacturing PC, it would be charged to IGST, so to get the refund of those paid tax on inputs you need to have GST code and file return via gst.gov.in

Your US importer would need to pay import duty, generally import duty in USA is less around 2% to 8% on general products.

[King Dranzer]

Where should I file ITR

[MARIAPPAN GOVINDARAJAN]

If the income accrues in India you have to pay tax in India and also to file return in India.

[Nandan Khambete]

Hii,

If i understood properly, you are manufacturing PC Case in India and Exporting it to US. From indirect Tax angle, there will be no Tax incidence on Exports. From Direct Tax i.e Income Tax angle, you need to file Income Tax Returns in India.