20 June 2013
A(Mumbai) Purchase Goods From B(Tamilnadu) Basic Value 441600 Excise Duty 52992 Edu Cess 1060 S&H Edu Cess 530 CST@2% Against Form C 9924 Total 506106
A(Mumbai)directly Sale these goods to C(Gujrat) i.e. Directly delivery from B(Tamilnadu) after addition Value of Rs.20000 i.e.526106.
Whether A(Mumbai)also charge CST in Tax Invoice raise to C(Gujrat)? Explain Briefly?
21 June 2013
It seems from your query that the material is handed over to your party in Gujarat during transit time itself, i.e from Tamil Nadu (B) to Gujarat (C) without reaching Mumbai. Ok. When will you raise the invoice and send to your Gujarat party after adding Rs.20000/- profit?
The answer is- you also have to add CST in your Interstate Tax Invoice.
CAclubindia
