Central sales tax
This query is : Resolved
07 January 2010
Dear Sir,
We (in Chennai) are procuring a certain material from a seller in Bangalore and selling the same to a buyer in Bangalore by charging 2% CST against Form 'C'.
The seller says that he would deliver the material directly to the end buyer considering the urgency of requirement.
This would result in absence of any Lorry receipt, etc. establishing physical movement of goods from Bangalore to Chennai and back to Bangalore.
Will there be any problem if we charge 2% CST in this type of delivery transaction.
We will have valid purchase orders for the relevant transactions.
Please clarify
regards
S. Anand
We (in Chennai) are procuring a certain material from a seller in Bangalore and selling the same to a buyer in Bangalore by charging 2% CST against Form 'C'.
The seller says that he would deliver the material directly to the end buyer considering the urgency of requirement.
This would result in absence of any Lorry receipt, etc. establishing physical movement of goods from Bangalore to Chennai and back to Bangalore.
Will there be any problem if we charge 2% CST in this type of delivery transaction.
We will have valid purchase orders for the relevant transactions.
Please clarify
regards
S. Anand
07 January 2010
It is alocal sale for the banglore party and for karnatka party it is a sale/purchase outside the state.
08 January 2010
Dear Sir,
We (in Chennai) are procuring a certain material from a seller in Bangalore and selling the same to a buyer in Bangalore by charging 2% CST against Form 'C'.
The seller says that he would deliver the material directly to the end buyer considering the urgency of requirement.
This would result in absence of any Lorry receipt, etc. establishing physical movement of goods from Bangalore to Chennai and back to Bangalore.
a) Will there be any problem if we charge 2% CST in this type of delivery transaction.
b) Is a Lorry receipt compulsory to establish movement of goods.
c) Or a mere invoice with CST 2% is sufficient.
We will have valid purchase orders for the relevant transactions.
Please clarify
regards
S. Anand
We (in Chennai) are procuring a certain material from a seller in Bangalore and selling the same to a buyer in Bangalore by charging 2% CST against Form 'C'.
The seller says that he would deliver the material directly to the end buyer considering the urgency of requirement.
This would result in absence of any Lorry receipt, etc. establishing physical movement of goods from Bangalore to Chennai and back to Bangalore.
a) Will there be any problem if we charge 2% CST in this type of delivery transaction.
b) Is a Lorry receipt compulsory to establish movement of goods.
c) Or a mere invoice with CST 2% is sufficient.
We will have valid purchase orders for the relevant transactions.
Please clarify
regards
S. Anand
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Nomination of Bank for refund in itr 2
- TDS Challan Code
- Relief u/s Section 89
- Rent lease agreement
- Refund of 20%pre-deposit paid for stay application
- Entries in AIS regarding sale of units and shares
- Lease agreement and tax on sale
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
