Vat or st

This query is : Resolved

natarajutr (Querist)
Follow

12 September 2012 Our company an manufacturing govt organisatation and located in Bangalore.We have ordered for stationary material ( pre printed comp paper) to be consumed in-house.The supplier is located in Hyderbad(AP).

While supplying the dealer had invoiced at 5% VAT along with e- Waybill.

Pl confirm whether it is Ok. Or we have to change the invoice as ST at 2 % as we can issue C-form.

CA Ayush Agarwal

CA Ayush Agarwal (Expert)
Follow

12 September 2012 You Cant Issue C Form in This Case.

natarajutr

natarajutr (Querist)
Follow

14 September 2012 Dear Mr. Ayush Agarwal,

Thanks for your kind reply.

Does the above transaction does not come under inter state trading?

Can you pl enlighten on this pl.

Thanks

CA Ayush Agarwal

CA Ayush Agarwal (Expert)
Follow

14 September 2012 This Is Not For Trading Purpose.
This is For Inhouse Expenditure, You are Not Buying for Reselling Purpose.

natarajutr

natarajutr (Querist)
Follow

14 September 2012 Dear Mr. Ayush.

Thanks Very much. It has helped lot as I have got problem with payment to Hyd firm.

It has helped to clear bills.

I am working as a Cheif Purchase Manager in PSU and I get in to this type of problems.

If any thing I will come back pl.
Thanks again.

Thanking you very much.

Natraj
09483009160

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now