Hi,
DEF Ltd, Chennai have purchased a Capital Machine from ABC Company, Noida under High Sea Sales, the orignal Supplier being XYZ, China.
The machine failed to function and ABC, Noida agreed to take back machine under Sales Return.
How should DEF Ltd, Chennai to make Purchase Returns. What will be applicable rate of Tax (CST)? CST rules on that pls.
since it was high sea sales you might not have paid any cst.
then there is no question of refund of cst under sales returns
the question is how will the indian seller take back the goods and its tax implications
if feel when you are returning the goods it will trigger tax.
HI,
Then shall we charge full CST 12.5% and send the goods to them?
What are the VAT implications under CST for Goods Return.
What is the procedure, what are the steps to be taken.
what if the E-1 form & C form exchange is done
CCI
Pro
CAclubindia
