sale in transit & vat
This query is : Resolved
20 April 2010
we are in chhattisgarh our client in mumbai & supplier is also in mumbai. we placed an order to supplier to supply the consignment to our client of mumbai under 6(2) transection or sale in transit basis (E-1/E-2) basis. he is charging VAT for it. is it currect porcess. we are insisting him to dispatch the consignment against c form & but they are saying this is wrong process please explain it throurh proper notification & circular reference.
21 April 2010
The supplier is right. For you it is a sale &purchase outside the state and because he delievers the goods in Maharashtra, it is a local sale for him.
22 April 2010
thank you sir,
but how we will raise the bill to customer because presently we pass on all taxes & duties, now in this case we cannot pass VAT to party. how statutory liability will materialize.i mean C form liability.
but how we will raise the bill to customer because presently we pass on all taxes & duties, now in this case we cannot pass VAT to party. how statutory liability will materialize.i mean C form liability.
22 April 2010
THERE IS NO NEED TO COLLECT C FORM ON THIS TRANSACTION.
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