Vat & CST
JEGADEESAN
(Querist) 17 March 2011
This query is : Resolved
Dear Sir/madam,
I wish to clarify a doubt regarding Vat.
M/s.ABC Ltd has registered as dealer under TNVAT. Now that company purchase the goods from Maharashtra & export to abroad from Maharastra port .Is it legally allowed without get the registration under M vat?
If not valid how can it deal this issue?
S.Jegadeesan
R.Ramachandran
(Expert) 18 March 2011
Dear Mr. Sheikh, I think you have not even understood the query, consequently your answer is nothing to do with the query at all.
Answer to Mr. Jegadeesan:
(1) You can request the supplier of goods to directly export the goods to the foreign buyer on your behalf. The Maharashtra Seller will follow 'Bill to' you and 'Ship-to-foreign' method. You can issue Form-H. In this case, you need not have any registration in Maharashtra under Maharashtra VAT Act. Of course, you have to prefer a separate Commercial Bill on the foreign buyer.
(2) In the other method, where your branch or agent of yours will purchase the goods from Maharashtra Seller and export to foreign soil using any of the Maharashtra Ports, you have to necessarily have registration under Maharashtra VAT Act if your turnover exeeds the threshold.
JEGADEESAN
(Querist) 18 March 2011
Thank You so much sir
