Problem in cst
This query is : Resolved
20 June 2013
A(Mumbai) Purchase Goods From B(Tamilnadu)
Basic Value 441600
Excise Duty 52992
Edu Cess 1060
S&H Edu Cess 530
CST@2% Against Form C 9924
Total 506106
A(Mumbai)directly Sale these goods to C(Gujrat) i.e. Directly delivery from B(Tamilnadu) after addition Value of Rs.20000 i.e.526106.
Whether A(Mumbai)also charge CST in Tax Invoice raise to C(Gujrat)?
Explain Briefly?
Basic Value 441600
Excise Duty 52992
Edu Cess 1060
S&H Edu Cess 530
CST@2% Against Form C 9924
Total 506106
A(Mumbai)directly Sale these goods to C(Gujrat) i.e. Directly delivery from B(Tamilnadu) after addition Value of Rs.20000 i.e.526106.
Whether A(Mumbai)also charge CST in Tax Invoice raise to C(Gujrat)?
Explain Briefly?
21 June 2013
It seems from your query that the material is handed over to your party in Gujarat during transit time itself, i.e from Tamil Nadu (B) to Gujarat (C) without reaching Mumbai. Ok. When will you raise the invoice and send to your Gujarat party after adding Rs.20000/- profit?
The answer is- you also have to add CST in your Interstate Tax Invoice.
The answer is- you also have to add CST in your Interstate Tax Invoice.
21 June 2013
If A(Mumbai) levy CST on Invoice raise to C(Gujrat), it means there is tax on tax i.e.tax is also on Rs.9924.
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
- Showing Gift from relative in ITR for this year
- ITR selection for salaries and capital gain less than L
- Share accounting-->fifo - capital gain - period as per fifo?
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- GSTR-4 Annual Return ! Pending Returns for F.Y. 20-21 to 22-23
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- BIS Certificates
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Capital Gain on EUITY Shares
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
