We have purchased a material from two parties. They transported the material in a single vehicle of a local transport to us. Total amount is Rs 1470/-. As per N/N 34/2004 upto Rs 1500/- we doesn't have to pay Stx on more than one consignments. Is this consignment be defined as Individual or not ?
Please help?
as the single vehicle is exempted but two consignors make it doubtful so prepare two seperate vouchers of below 750 to avail exemption .
Sanath Sheshagiri & Co.
Bengaluru
CA Inter
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CAclubindia
