CST or VAT on Stock Transfer

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(Querist)


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 (Querist)


21 May 2008

thanks



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