Sales tax query
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 February 2012
Hi,
In case X Ltd situated in blore purchases goods from Y Ltd blore but location of address for delivery mentioned in invoice [ though invoice is mainly addressed to X Ltd ]is Branch office of X Ltd situated in Chennai, what is rate of tax whether kvat, Tnvat or Cst.Kindly help.
Thanks
In case X Ltd situated in blore purchases goods from Y Ltd blore but location of address for delivery mentioned in invoice [ though invoice is mainly addressed to X Ltd ]is Branch office of X Ltd situated in Chennai, what is rate of tax whether kvat, Tnvat or Cst.Kindly help.
Thanks
03 February 2012
The seller shall have to charge CST as there is movement of goods from one state to another as per the CST Act though the invoice is raised on a local dealer. Since the deliver address is out side the state which is chennai it shall be construed as interstate sales.
Should the Bangalore office take deliver of the goods and then initiates the movement of the goods the same can be treated as stock transfer against Form F.
Should the Bangalore office take deliver of the goods and then initiates the movement of the goods the same can be treated as stock transfer against Form F.
Message likes :
1 times
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
- Off Market debit and credit transaction
- Itr 1 processing
- Reporting Income under Section 44ADA
- Showing Gift from relative in ITR for this year
- ITR 1: Details for showing Exempt Income
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR returnFY25-26
- ITR selection for salaries and capital gain less than L
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR 2 Short Term gain & Long term gain
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- 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
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
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
