CST Applicable on Invoicing of Technical Know how Process
This query is : Resolved
02 July 2008
VAT @4% is applicable on Sale of Technical
Know how being slae of goods of incorporeal nature.
Please let us know if CST is applicable
on the sale of technical know to a customer located out side Maharashtra.
If yes, at what rate.
Know how being slae of goods of incorporeal nature.
Please let us know if CST is applicable
on the sale of technical know to a customer located out side Maharashtra.
If yes, at what rate.
02 July 2008
CST @2%
03 July 2008
CST @ 2% against Form "C".
Since there is no sale of physical
goods, in my opinion the Customer
can not issue "C" form. If my opinion
is correct ?
If no "C" form is issued by the customer,
if CST would be 4% ?
Since there is no sale of physical
goods, in my opinion the Customer
can not issue "C" form. If my opinion
is correct ?
If no "C" form is issued by the customer,
if CST would be 4% ?
03 July 2008
CST would be @4%. concessional rate benefit i.e. against statutory forms, not eligible because this type of transaction not fulfill form conditions. end use item!!!!!!
16 September 2008
Mr. Sanjeev,
I really appreciate your indepth knowledge regarding CST & VAT.
In your above said reply, you have said that concessional rate benefit will be not available because......
Sir, in my opinion, technical know how is goods (so that it is taxable). Further it is goods purchased with a intention to use in the manufacture or processing of goods for sale.
Accordingly, I am of the opinion that, subject to other conditions, this is fit case for uusing C form.
I hereby invite your further opinion on the same.
I really appreciate your indepth knowledge regarding CST & VAT.
In your above said reply, you have said that concessional rate benefit will be not available because......
Sir, in my opinion, technical know how is goods (so that it is taxable). Further it is goods purchased with a intention to use in the manufacture or processing of goods for sale.
Accordingly, I am of the opinion that, subject to other conditions, this is fit case for uusing C form.
I hereby invite your further opinion on the same.
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