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Former Member
Jul 03, 2007 at 05:50 AM

taxes(india) in consignments

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hi all SD champs, this one is a real teaser for me . Need yo expertise.

In indian mfg industry, whenever goods r leaving your place, u must pay the relevant taxes (BED, CESS, n sales taxes(or VAT)) to the tax authorities. Right? But particularly, in consignment fill up order, u send the goods to customer's place without invoicing him. Right? So, in this case, how will u levy the taxes n wrt. what?

Thx in anticipation.

Prashant.