Toll Free: 80004440824

Frequently Asked Questions on VAT

Last updated on 10 January, 2019


 Back to FAQ

What is the VAT treatment for goods and services imported from a different state from a designated zone?

  • If goods are imported from a different state into a designated zone, they are considered to be out-of-scope supply.
  • If services are imported from a different state into a designated zone, the business located in the designated zone should account for VAT under the reverse-charge mechanism.
 Previous
Next 
Get your business VAT ready with Zoho Books, an easy to use accounting software
TRY IT FOR FREE

Source: