Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
VAT - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Exemption form sales tax - sales effected from the Customs ...


Sales from Customs Bonded Warehouses are tax-exempt if made during import before title transfer.

November 28, 2018

Case Laws     VAT and Sales Tax     HC

Exemption form sales tax - sales effected from the Customs Bonded Warehouses - sales in the course of import or not - The documents having evidenced the sale before the import was completed and the transfer of title to the goods; there cannot be any tax levied on the transaction as one carried out in the State.

View Source

 


 

You may also like:

  1. Local sale or sale in the course of import - High Seas Sale - sales of the goods while being in customs bonded warehouse - transfer of the documents of title to the...

  2. Levy of tax and interest on sales made by the petitioner - sale in the course of import - resale of goods in Daman - first point of sale - Since the goods in question...

  3. Refund of Customs Duty - duty paid under protest - rejection on the ground that the transfer bonds in which the goods were transferred from Vizag Customs to EOU Bheemli...

  4. The case involves the transfer of title of goods from a Free Trade Warehousing Zone (FTWZ) unit to customers in the Domestic Tariff Area (DTA), or multiple transfers...

  5. Seeking removal of the materials lying in the Customs Bonded Warehouses without payment of Customs Duty - the assets lying in the Customs bonded warehouses cannot be...

  6. The Authority for Advance Ruling, Tamil Nadu addressed the issue of GST levy on the sale of goods warehoused in a third-party Free Trade Warehousing Zone (3P FTWZ) to a...

  7. Warehousing of imported Goods without payment of duty - The Tribunal concluded that the appellant complied with all legal provisions for the importation and warehousing...

  8. The document outlines provisions regarding customs bonds and bank guarantees. Key points from the legal analysis: The obligor must comply with all provisions of the...

  9. Electronic Sealing-Deposit in and removal of goods from Customs Bonded Warehouses - Circular

  10. Electronic Sealing - deposit in and removal of goods from Customs Bonded warehouses - Trade Notice

  11. Electronic sealing - Deposit in and removal of goods from Customs bonded Warehouses.

  12. Electronic sealing — Deposit in and removal of goods from Customs bonded Warehouses

  13. Demand of Customs Duty - goods allegedly pilfered from Customs Area bonded premises - bonded warehoused goods - The packages were admittedly opened for the first time by...

  14. The CBIC introduced a Warehouse Module on ICEGATE to digitize customs bonded warehouse procedures. It enables online filing for obtaining warehouse licenses, submitting...

  15. Confiscation - illegal removal of goods from in factory bonded private warehouse - if they have been removed from the customs bonded warehouse clandestinely without...

 

Quick Updates:Latest Updates