Vat & cst leive to final cunsumer

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This query is : Resolved

Vinayak Gurav (Querist)

28 June 2013 If i interstate purchaser with CST & i sale this material to within state customer can i leived vat tds & cst to final consumer

can anybody solve my query?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

30 June 2013 You need to charge VAT on that sales including CST

Vinayak Gurav

Vinayak Gurav (Querist)

01 July 2013 Thank you for above, But please give a example for my clearification

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

01 July 2013 In case your interstate purchase Rs.100

Purchase value Rs.100
CST value @ 2% Rs. 2
Total Rs.102

If you sell the goods at Rs.102 then need to calculate VAT on Rs. 102

VARUN MAHAJAN ADVOCATE

VARUN MAHAJAN ADVOCATE (Expert)

02 July 2013 AS SSON AS YOU IMPORT GOODS FROM ANOTHER STATE AFTER PAYING CST YOU HAVE TO CHARGE VAT IN YOUR CITY AND DEPOSITE THE SAME WITH SALES TAX.

IN CASE OF TDS THE SAME WILL BE DEDUCTED THE PARTY WHO IS PAYING THE PAYMENT TO ANOTHER PARTY IT CAN BE YOU WHO CAN BE DEDUCTER AND THE SAME HAS NO RELATION FOR SELLING YOUR GOODS.

AND CST APPLICABILITY
IN CASE YOU SELL THE SAME GOODS AGAIN OUTSIDE THE STATE THAT TO AGAINST C FORM THE YOU HAVE TO COLLECT CST AND DEPOSITE THE SAME WITH SALES TAX DEPARTMENT

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