Import and subsequent "sale in transit"
This query is : Resolved
06 August 2008
Dear Sirs,
We have imported certain materials and sold them within India on "Sale In Transit" basis.
In this case, please let us know the Section No: under which this transaction has to be recorded in the Sales Tax Returns.
Regards
S. Anand
We have imported certain materials and sold them within India on "Sale In Transit" basis.
In this case, please let us know the Section No: under which this transaction has to be recorded in the Sales Tax Returns.
Regards
S. Anand
CA. O.P. Agarwalla
(Expert)
15 September 2008
Pl refer section 5 of CST Act
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