Tax treatment for transit halts due to unforeseen conditions
This query is : Resolved
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?
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.
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.
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