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.
CA Lokesh Pokharna
(Expert)
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
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Urd purchase entry in tally prime
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
