Vat + cst

1580 views

Save Share

ankit agrawal

propieter

23 Points Posted on 01 October 2012

hello everyone, i have recently started an propietersip firm dealing garments in maharashtra. my raw material is purchased from delhi at present , it is then dispatched to delhi labours for finishing them into readymade garments and then dispatched directly to various other states, like andhra pradesh, noida , karnataka and even maharashtra too. so where do i stand in regarding to vat and cst status.. what do i need to regarding the same:- 1) do i need to file for vat in maharashtra as well as delhi( at present m not showing any office in delhi ) 2) what will be percentage for vat and cst to be charged to transactions.. 3) what documents i need to keep for records.. 4) or shall i dispatch the goods from maharashtra rather than direct delhi... luking forward for an great deal of advice from an esteemed club

Replies (5)

Ankit a shah

Internal auditer

92 Points Posted on 01 October 2012

can you tell me u have branch in delhi

ankit agrawal

propieter

23 Points Posted on 01 October 2012

Hi Ankit there nice to see ur interest No I do not have any branch nor an office

Harshal Fifadra

Chartered Accountant

1249 Points Posted on 01 October 2012

Dear ankit agarwal the rates of vat / cst applicable will depend upon where the invoice has been raised .... Ok ....

Ramesha.M

Accountant

518 Points Posted on 08 October 2012

i Agreed above

U S Sharma

glidor@gmail.com

21670 Points Posted on 08 October 2012

if you purchase raw materials in delhi and transfer locally means you have been charged with local vat, not CST, hence you have to register yourself under DVAT,

after process you can use the transfer to your interstate branches/ head office using form F, or sell to other states using by paying CST, and in delhi by paying VAT.