about charging vat or cst on selling of imported raw material, VAT + CST

[MEHUL ASHAR]

Respected Sir,

                        What we have to charge when we want to sell imported raw material, we have to charge 5% vat or 2% cst.

Posts / Replies

[Pradeep Khatri]

It will depend on the nature of the sale.  Meaning that if the sale is intrastate then you would have to charge VAT as applicable on the goods intended for sales.  If the sale is interstate then against form C, you will have to charge CST @ 2% and without C form either 5% or peak rate of VAT will be applicable.

 

Further, if you are selling imported material as such then you can avail the benefit of Notification No. 102/2007-Customs as amended time to time.