banner_ad

Tax treatment for transit halts due to unforeseen conditions

This query is : Resolved 
Profile Image

Profile Image

(Querist)
25 February 2011 Some material was despatched from "A" state to "B" state on inter-state sale basis. However, due to non-avaiability of clear passage enroute, the material was brought inside the premises of another establishment in "C" state and halted there for 3-4 months which was not pre-planned. Now, the material is to be moved again further to "B" state. What will be the tax treatment?
Profile Image

CMA Nishad Patkar

Profile Image

CMA Nishad Patkar (Expert)
26 February 2011 Dear Ashish,
In the said Case there are two movements. One is From State A to State C and Second is from C To B irrespective of any intention. It would be Charged @ 2% CST (Interstate Concessional Rate) for each movement.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


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
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
03 May 2026
Senior Chartered Accountant

Nirmal Jain & Co

New Delhi

CA

View Details
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 April 2026
CA Articled Assistant

GM Corporate Solutions

Noida

CA Final

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details