Condition 1. If buyer A(in rajasthan) purchase the steel
from buyer B(in gujarat. B is a plant of Company. A
purchases directly from Plant. A having C form. what would
be the tax levied on A.
What would be his benefits through C form.
Condition 2. If A purchases the steel material by the
Company warehouse which is situated in rajasthan. A also is
in rajasthan. what type of benefits A gets. Both the
parties are registered. which condition is best for
purchase either 1 or 2
Answer / byuer
Codition one is benifical for buyer A since in condition 1
buyer only have to pay sale tax against form "c" which is
only 2 % subject to freight charge to be consider.
condition 2 buyer has to pay local cst/vat which much
higher then interstate cst. over all in above case freight
cost key factor to decide which is the best condition
Is This Answer Correct ? | 1 Yes | 2 No |
what is modvat and cenvat
What diffrance between 1st stage,2nd stage and 3rd stage dealer in excise.? Explain.!
Our company is engaged in a business of Real state developer in andhra pradesh. we want to purchase some material from other states. we have central sales tax registration. whether we are eligible for issuing a form 'c' to the supplier being a deeloper.
what is tds and what is what is the current rate of tds on payment of contract and payment of professional charges
what is Input and Output
what is sales tax assesment or annuel return company and how to do end of the finiancial year and what is form no 240.
Advance given to wife for buying a property ; tax treatment?
how many type of tax form used for sales tax, vat,service tax, excise duty & other tax ? what is the theory of all type of taxes applied in india ?
what are the tax exempted allowances?
How can company withdraw the amount of Group Superannuation of the employee who has left the job before completion of one year ?
what is the rate of taxes for works contract
The value of the tax invoice is lesser than the value on the state permit. Is this acceptable.