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APPLICABILITY OF VAT

This query is : Resolved 

13 May 2010 our co is located in Guj State and we are dealing in goods which are exempted from VAT. We are exporting said goods from Bombay (Mah State) and made local sale or purchase transaction only thru Gujarat HO.

SHOULD WE HAVE TO SHOW MUMBAI OFFICE AS BRANCH (SOME STOCK ARE ALWAYS LYING FOR EXPORT PURPOSE) ?

SHOULD WE HAVE TO TAKE MVAT NO. FOR EXPORT PURPOSE?

WHAT IS EXACT PROVISION OF BRANCH AND BRANCH TRANSFER OF STOCK ?

THANKS IN ADVANCE

14 May 2010 if you are dealing only and only tax free / exempted goods prescrived under Guj/MVAT Act then there is no requirment of VAT/CST registration. but if dealing some taxable itmes then YES.


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