Whether entry tax and cst will charged

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 January 2012 Dear Sir,

We are importing goods from china and unloaded at pune br .after paying all import duties .We have H.O at CHATTISGARH RAIPUR some time we tranfer imported goods from pune Br.
Now question raised
1.whether CST and ET will charged on such goods
2. if Yes then on what value.since br tr.is there.
3 how i will record this transaction in the books.

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
Follow

04 January 2012 Mr Author,
You can do stock transfer from your branch and H.O.by issuing 'F' form and no CST will be cahrgeable.ET will be applicable as per Entry tax Act of Chattisgarh and the goods on the total value,i.e. invoice value+import duty and clearing expenses+ transprtation cost to the H.O.
Regarding accounting the sender and receiver are to credit and debit their purchase a/c respectively.
MJK

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Ashok Atluri

T.N.Reddy

Jagadeesh GR

Arvind Sharma

Taxlet

Subscribe Now

Whether entry tax and cst will charged

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

Article Assistant

CA Final

Manager- Finance and Compliance

GST CONSULTANCY

GST CONSULTANT