STOCK TRASFER
This query is : Resolved
ABDUL AZEEZ.T.K
(Querist)
28 May 2011
Purchase goods from unregistered dealer and transfer it to inter state stock transfer, what is the VAT position? (Is their any VAT INPUT TAX or VAT OUTPUT TAX)
(VAT TAX Rate from registered dealer for the same goods is 4%)
(VAT TAX Rate from registered dealer for the same goods is 4%)
Sanjeev Kumar
(Expert)
04 June 2011
since you have made purchases from un-registered & nothing paid as INPUT VAT. so u can transfer the goods against form "F" w/o any tax. but take care for purchase tax if applicable in particular state.
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