Form F

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Shreyansh Jain

Director

59 Points Joined January 2011

Query against Form F

If A Company Deals in Two Item

· Cement 13.5%

· Spices 4%

If the company buys cement locally and sell locally & the company Import Spices and sell the goods against F Form

And if we cal culcuated reverse tax calculation

What should we do and how please do write your comments

As cement has input tax but spices have no input tax how can we do this?

As in spices I m sending against f form but no input tax is avail over……

Reverse tax rule 23 by 4 west bengal sales tax

Replies (3)

U S Sharma

glidor@gmail.com

21068 Points Joined January 2010

Originally posted by : Shreyansh Jain
	Query against Form F If A Company Deals in Two Item · Cement 13.5% · Spices 4% If the company buys cement locally and sell locally & the company Import Spices and sell the goods against F Form And if we cal culcuated reverse tax calculation What should we do and how please do write your comments As cement has input tax but spices have no input tax how can we do this? As in spices I m sending against f form but no input tax is avail over…… Reverse tax rule 23 by 4 west bengal sales tax

No reversal in such case as the spices are not vat paid, this rule relates to vat paid goods only.

sir its true but
in spices i m not enjoying input tax as i m importing spices form abroad and sending it against F Form

but in cement i m purchasing it locally and selling it locally

if i applly rule 23 by 4 i will have to pay exxcess tax

plz suggest me the data