03 July 2008
CST would be @4%. concessional rate benefit i.e. against statutory forms, not eligible because this type of transaction not fulfill form conditions. end use item!!!!!!
16 September 2008
Mr. Sanjeev, I really appreciate your indepth knowledge regarding CST & VAT.
In your above said reply, you have said that concessional rate benefit will be not available because......
Sir, in my opinion, technical know how is goods (so that it is taxable). Further it is goods purchased with a intention to use in the manufacture or processing of goods for sale. Accordingly, I am of the opinion that, subject to other conditions, this is fit case for uusing C form. I hereby invite your further opinion on the same.
CAclubindia
