Vat & cst
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 January 2013
Our company has purchased offset papers from a paper mill and sold those papers as it is to another party.
It means that we have just been intermediary in the sale working for the margin.
I want to know that how this transaction should be presented in the Sales tax return.The information is as follows :
Paper mill : Delhi
Our Office : Delhi
Third Party : Outside Delhi
Kindly quote all the implications of the above transaction.
It means that we have just been intermediary in the sale working for the margin.
I want to know that how this transaction should be presented in the Sales tax return.The information is as follows :
Paper mill : Delhi
Our Office : Delhi
Third Party : Outside Delhi
Kindly quote all the implications of the above transaction.
15 January 2013
you have to pay cst on said sale....you can use vat credit for cst payment
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR returnFY25-26
- ITR 2 Short Term gain & Long term gain
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Reporting Income under Section 44ADA
- U/s 44AD of Income tax
- Difference in tax comparison report
- ITR 1: Details for showing Exempt Income
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
