In case of E-1 sale, a manufacturer A sells goods to a Trader B, who in turn sells goods while in transit to his customer C.(All three parties are in 3 different states)
Will this purchase by B from A fall under Sec 3(a) or Sec 3(b) purchase?
Menu
Sec 3(a) or sec 3(b) purchase under cst act
Replies (1)
Mr. Jain,
In order to satisfy a sale or purchase as interstate sale u/s 3, the conditions stated in Sec.3(a) &(b) shall be taken place. Here A sells goods to B and satisfied the conditions, hence it is an interstate sale. Thanks.
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
