Sir, Help requested to understand the procedure on TAX,
We are un-registered entity in Karnataka where head office located and also Telangana with Project Office. We purchase huge amount of consumebles/welding machine etc... used to execute project. We are the end-user for these consumebles/machinery that we purchase. not for re-sale and we buy these consumebles to faciliate our labor works.
We do not intend to avail tax credits and hence we do not want to register under local tax act simply for the reason that much paperwork/filing works. we plan to purchase consumebles/machinery from Karnataka delear by paying full VAT and getting Retail Invoice in the name and address of Telangana Project Site and dispatched thru local transporter.
In this case what tax implications we could encouter and what road permits to be made available to transporter in absence of any registration. Retail Invoice very much available. Thanks for the help. Manjunatha
CAclubindia
