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Import/Export: My company sources and imports products for a client company. From a VAT/Tax perspective,am I selling products or providing a service?
PG
PG
PRIYANK GOEL, Chartered Accountant (Equivalent to CPA) answered:

As the name suggest VAT is tax on value addition and in your you will be liable for tax on 2% of value addition.
I.e you will pay tax on 10200 Euro and take input of tax on 10000 euro.

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