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renuka kadge (CA Final Student) (148 Points)

27 March 2009

Hi Everyone
I have certain issues kindly help me out?
My Co. is going to deal in the Product Sales for the 1st time. for which we have to get VAT registration.but my point is that when we are importing the goods to our HO & selling it Locally then we have to get registration(VAT) for the HO.but what if i send the product to our CO. branches in other States then i have to get Registrated for the branches also????

Second point is that if we are importing the goods directly to the branches & selling it there locally. then i hv to get registed for the HO & branches also????

Early reply will be highly appreciable.
Thanks
Ms. Renuka S. Kadge CA finalist

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2 Replies

ghanshyam upadhyay (tax consultant) (72 Points)
Replied 09 June 2009

You are VAT dealer with CST Registration in AP State & You want to transfer goods to your branch which is in other state you have to obtain VAT WITH CST RC IN THAT STATE ALSO and you are liable to pay LOCAL tax in that State as applicable to commodity and you have to obtain F FORM DECLARATION FROM BRANCH OFFICE COMMERCIAL TAXES DEPT. and submit the same in AP COMMERCIAL TAXES DEPT. for proof of transfer goods to BRANCH OFFICE. and if you require any further information you can contact me on mobile 09246527173 or email at gsupadhyay @ sify.com ( GHANSHYAM UPADHYAY , VAT CONSULTANT , HYDERABAD , AP )