Mvat and cst


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Querist : Anonymous

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Querist : Anonymous (Querist)
13 January 2014 There is a buyer (B Ltd)in Madhya Pradesh who has instructed his supplier (M Ltd, a manufacturer) in Maharashtra to despatch manufactured goods to his buyer (C Ltd, a manufacturer) in Maharashtra. The M Ltd makes the invoice as Buyer B Ltd and consignee C Ltd. M Ltd will bill to B Ltd. B Ltd will bill to C Ltd. Please suggest whether M Ltd will charge CST or MVAT in his TAX Invoice? What should be the invoicing procedure to have minimum tax impact on C Ltd in this transaction.

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 February 2014 There is a buyer (B Ltd)in Madhya Pradesh who has instructed his supplier (M Ltd, a manufacturer) in Maharashtra to despatch manufactured goods to his buyer (C Ltd, a manufacturer) in Maharashtra. The M Ltd makes the invoice as Buyer B Ltd and consignee C Ltd. M Ltd will bill to B Ltd. B Ltd will bill to C Ltd. Please suggest whether M Ltd will charge CST or MVAT in his TAX Invoice? What should be the invoicing procedure to have minimum tax impact on C Ltd in this transaction. It is resolved.


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