If X a dealer in Mumbai purchases goods from Y (in Delhi)and in the course of transport of goods , X endorses the Lorry Receipt to a Dealer Z in Delhi. will such transaction be covered under sale in transit ???
VAT or CST is to be charged???

Respected all,

We are in chennai. Electrical goods trading concern. we are purchased goods from Daman against Form C.

Selling goods to Karnataka, but billed in chennai address.

Kindly clarify can i make a bill against Form C or Vat.

Thanks for advance.
Punitha.

If X company Delhi make bill to Y company U.P and on same bill showing Ship to Y Company's branch office Mumbai then which location will issue C form to X company?

If A company situated in Noida, purchase goods from B company which is in Delhi but want to deliver the goods to directly it's Mumbai Branch then what is the correct procedure.

Our firm is registered for CST. We are charging CST for outstation Projects. So do we need to pay that charges if yes to whom and what is the procedure to do the same.

Thanks & Regards
Shylaja

Dear Colleagues,
Mr.A of Mumbai purchased goods from Mr.B of chhatishgarh.
Mr.A sold the goods in transit by transferring L/R to C of U.P.(L/R was consigner B,consignee A,
A endorses the same on back in favour of C)
B has charged 2% cst( AGAINST C FORM) to A, and A has charged 2% cst to C( AGAINST C FORM).
IS THE ABOVE SALE SALE IN TRANSIT?
ACCODRDING TO ME
1) It is not SIT, SINCE BOTH THE TIME CST HAS BEEN PAID
2) E1/E2 are not required.
Kindly guide.
Regards
CA Paresh Zatakia
9833855518
"Print this mail only if absolutely necessary. Save Paper. Save Trees."

Please solve my query i mentioned below

i recently joind a firm which files the vat return on monthly bases i hv some data as below
tax credit b/f from prv. tax period 1734015/-
current tax credit(input vat) 1009383/- reduction in tax credit credit 1020/- taxable sale 21699100/- taxable purchase 25234560/- output vat867965/- cst amt. 28579/- amt of tax credit c/f 1845834/-

please tell me how the amount of rs 1020/- came as reduction in tax credit

Dear Experts,
We r ltd company changed the Place of business.
We require to change address with VAT Autho. so wht is the process and Documentation for the same?
as well as with CST Cert.
Hv to make both diff. documents for Authorities?

Pls suggest.

We are in Composition scheme in karnataka State. Whether interstate purchase in allow? if so whether we have to pay difference of tax in local? if so far material difference tax to be paid.
Further we are doing govt of karnataka work & whether we can opt diffrence scheme for different work projects i.e. vat or cot ?

Kindly suggest me treatment of Central Sales Return. The actual sales of returned goods have been despatched in the M/o March, 2011 and the same is returned in the M/o May, 2011.

Thanks

Rakesh