VAT's eat profit's
This query is : Resolved
Sudhanshu Bhasin
(Querist)
28 March 2009
Hi Experts,
In addittion to my other queries here is new one.
I am buying Goods from outside Delhi @ 2% CST paid by me till now and selling the goods in New Delhi @ 12.5% VAT
My margin in the product after Delhi VAT is not more than 5%
How is the ways I can save on Tax specially knowing when 12.5% is reserved for the Govt of Delhi.
Is there any way out except selling goods outside Delhi ?
In addittion to my other queries here is new one.
I am buying Goods from outside Delhi @ 2% CST paid by me till now and selling the goods in New Delhi @ 12.5% VAT
My margin in the product after Delhi VAT is not more than 5%
How is the ways I can save on Tax specially knowing when 12.5% is reserved for the Govt of Delhi.
Is there any way out except selling goods outside Delhi ?
Pravin Nemad-CWA
(Expert)
28 March 2009
To avoid Delhi vat, you need to sales the goods through E1 trasaction route, in which u buy good from ur supplier on ur client name & collect C from from ur client & give it to ur supplier & give E1 form to ur Client.
For more clearity pls. refer CST act E1 transaction procedure.
For more clearity pls. refer CST act E1 transaction procedure.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Taxation of crypto futures in India Fy 2026- 2027
- EPF ECR NEW RULES Sep 17th 2026
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- 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
- Goods sold but invoice not issued
- 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?
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
