Dear Expert
I am registered dealer in mumbai purchasing material from supplier from Hydrabad against the C Form, by paying 2 % CST, with the predefined instruction to my hydrabad dealer to delivery material directly to my customer in mumbai.
Question.
1. Whether this transaction covered under 6(2) ?
2. How i will raised my invoice to my Cusotmer how is also in mumbai - Local VAT, CST (what %) or both.?
3. What are other compliances.?
Many thanks
Answer 1 = It is not a 6(2) transaction as in a 6(2) transaction there are 3 states involved .
Answer 2 = You will levy VAT on the goods sold by you to your mumbai customer .
You will have to issue C FORM to your Hyderabad supplier
Ok ...
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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