Vat applicability

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 September 2011 Dear Sir,

Iam working as an accountant at Publishing Organisation locatd at hyderabad. It has four different entities. we are purchasing paper from different places accross india and transfer to other entities located at diff places.

Kindly tell me the tax implications for the same.

06 September 2011 Different entities U Mean Branch or Sister Concern

If Branch - Exempted transfer
If Concern Then to Show it as Purchase/sell


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