Sales u/s 6(2)
This query is : Resolved
07 June 2011
If X a dealer in Mumbai purchases goods from Y (in Delhi)and in the course of transport of goods , X endorses the Lorry Receipt to a Dealer Z in Delhi. will such transaction be covered under sale in transit ???
VAT or CST is to be charged???
VAT or CST is to be charged???
U S Sharma
(Expert)
08 June 2011
as materials did not crossed the state boundary such sales would be taxed at full rate of vat without availing any facility of CST act 1956, including E-1
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