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CST or VAT on Stock Transfer (VAT)

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This query is : Resolved


( Author )
21 May 2008

whether CST or VAT is applicable for stock transfer from one state to another state? if its applicable then also we have to provide the F form?


CA. Vineet Grover

( Expert )
21 May 2008

Hi Vadan,

CST/VAT both are not applicable for stock transfers.

Stock transfers are exempt from sales tax.

Only Form F is required.

Rgds/
Vineet


VADAN

( Author )
21 May 2008

thanks


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