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Double taxation

VAT (Legacy) 1168 views 5 replies

hello ,

co. ABC is registered uner vat tin in maharashtra and ABC also have branch office in uttar pradesh .

If abc wants to transfer goods from maharashtra to its branch in UP , how it is possible .

will abc have to pay VAT in UP also ?? How to overcome this double taxation policy .

Replies (5)

Dear Sunil,

You can transfer goods to your branch office(U.P.), but U.P. office should be registered in UP VAT, and then U.P. office issue a monthly form F to your maharashtra office against the receipt of goods during the month.

Thanks

 

That goods transfer against Form F. U have to register ur U.P. Office as a branch in U.P.

Then you transfer your goods without any tax to UP branch and then it get sell from UP with the Vat rates of UP

 

It is also known as consignment or stock transfer

Whenever goods are transfered from one branch to another it does not attract Vat liability if FORM F is issued by the branch for the same.

""
Originally posted by : CA Deepak Dargad

That goods transfer against Form H. U have to register ur U.P. Office as a branch in U.P.

Then you transfer your goods without any tax to UP branch and then it get sell from UP with the Vat rates of UP

 

It is also known as consignment or stock transfer

Dear Deepak

Stock trf/consignment sale only agisnt form F not  agsint  Form H

Thanks

Sorry mr Rajkumar Sir, I had mistakely type Form H instead of Form F

 

I modify this now

Thank you to observe my mistake


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