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Regarding gst

156 views 2 replies

Sudhakar

Accountant

57 Points Joined March 2012

Dear sir

We are manufacturing unit. We will bring our goods from our factory after paying ED to our whare house, from there we are billing with VAT & CST taxes within the state and outside state.

1) From factory to warehouse 2) ware house to within the state 3) ware house to outside state.

Please can you tell now how we have to do the above transaction with CGST,SGST taxes.

Replies (2)

u have to charge tax only once

earlier of the following dates, namely:-

[a] the date of issue of invoice by the supplier or the last date on which he is required to issue the invoice with respect to the supply; or

[b] the date on which the supplier receives the payment with respect to the supply:

Prity Agarwal

Chartered Accountant

144 Points Joined March 2017

When goods are supplied from the warehouse to within the state then CGST and SGST shall be levied. However when supply occurs from the warehouse to outside state then IGST shall be levied.