Interstate purchase & sales

799 views 2 replies

Dear Sir,

I am registered delaer in Bangalore, I am buying the material from Hyderabad & selling the same in Hyderabad. My question is what form I have to collect from my customer(Sales point) , & what form I have to issue to my purchaser(Purchase point), and also how much tax I have to collect from my customer.

Replies (2)

You are purchasing from hyderabad and receiving your goods and then selling the same.

 

If such is the case then you will issue C FORM to your supplier from hyderabad.

You will receive C FORM from your hyderabad customer

 

Ok ....

At the Time of Purchase:-

1. Issue Way Bill

2. Issue Purchase Order, If Sale is Made against C Form then it Should be Clearly Written on PO

C Form is Issued quarterly by Commercial Tax Department

At the Time of Sales:-

1. Ask for Way Bill from Purchaser

2. Ask For PO, if Against C Form then must be Written in PO

3. if Credit Selling then Ask for Letter of Credit


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