banner_ad

Sale in transit

This query is : Resolved 
Profile Image

Profile Image

(Querist)
20 December 2009 Hi all,
The karnataka dealer (X) place the order on mumbai manufacturer(Y) who has showroom in Delhi and instruct to Deliver the goods @ Delhi to (Z). Y charged VAT @ 12.50% on X. What forms should X issue or receive from Y & Z

Kindly reply soon. Thanks in Advance
Ram
Profile Image

manish soni

Profile Image

manish soni (Expert)
21 December 2009 As per CST act for Transit sale one tranction should be interstate either sales or purchases.

In your case material movement start from Delhi & also end in Delhi. It is totaly VAT Tranction. No forms will be exchange in this case.

one more thing Consignee (Z) also can not take the input credit of of these Purchases.

X will declared the turnover (if not regaidtered in delhi) as a sales outside the state on full VAT.

if X regaistered in Delhi then declared the turnover in delhi, take input and rasied VAt inovice on Z. In this Z also take the input.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
10 May 2026
Finance specialist

Right way solution

Ajmer

CA

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details