01 July 2012
I have my branch in Mumbai.I purchase goods from Hyderabad against C Form (2% CST).I sell goods in Tamilnadu and giving C form to Mumbai branch.Hyerabad party has given E 1 Form to Mumbai branch.Goods are directly sent from Hyderabad to Tamilnadu with 0% Tax.
I want to know that all these transactions are correct or not?Is any procedures left?
Any liability for Taxes in Mumbai Branch? please reply its urejent
CAclubindia
