Whether we have to pay VAT / CST when the Imported goods are being transferred from one bonded warehouse to other????
Menu
Custom and vat
Replies (1)
Dear Ashmeet
You are not required to pay VAT / CST for such a transaction. These are transactions for Branch Transfer. Receiving Bonded Warehouse (in antother state) has to issue Form F to the despatching Bonded Warehouse in the originating state. It is presumed that the Company is registered under the Central Sales Tax Act in all the states.
Recent Topic
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
- Reporting STCG on non equity oriented MF
- Section 54F exemption for buying a plot
Related Topics
CAclubindia
