Interested to Buy Any Domain ? << Click Here >> for more details...
What is the implication in the subsequent sale to local party for the goods received from other state Non-Presentation of E-1 form :
If 'A' of Rajasthan (Supplier) supplies goods directly to 'C' of Gujarat (Consignee) on instruction of 'B' of Gujarat (Buyer). There is no presentation of E-1 form.
Question : Can tax be charged in the invoice of sale from 'B' to 'C' ?? If any, what will be charged..VAT or CST?
- 2 Answers
- 4559 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / abhivirthi tax and industrial
A dealer named “B” of Gujarat (Buyer) gave instructions to a dealer located in Rajasthan called “A” (Supplier).
The supplier “A” from Rajasthan raises a bill in favour of “C” of Gujarat and despatches directly to “C” and the goods were sold directly by “A”.
In this case the transfer of property for valuable consideration is between “A” and “C” and Bill raised in favour of “C”.
There are only instructions by “B” to “A” to supply goods to “C” and there is no mention in the sale bill about “B” and “B” has acted only as a mediator.
As the Bill is raised directly in favour of “C”, there is no Transit sale involved and hence the transaction is to be treated as inter-state sale and CST to be charged at concessional rate if C Form produced or at the (local VAT rate of Rajasthan) higher rate of tax as CST if C Form not produced.
Reply From:
ABHIVIRTHI Tax and Industrial Consultancy
R.R.JAGADEESAN
VAT PRACTITIONER AND INDUSTRIAL CONSULTANT
H-63, Palaami Enclave, New Natham Road,
Madurai-625014.
Cell: 9994990599
| Is This Answer Correct ? | 0 Yes | 0 No |
A Service provided has provided bill amounting rs. 100000 dt. 30/04/2013 & i have paid amount with 30000 Rs. as on 24/5/2013, & 20000 paid on 7/6/2013 & rest of the amount has been paid as on 15/6/2013 then on which amount TDS has been deducted. may it deducted on Bill amount or payment amount? If bill amount then at which date TDS entry should be done ? & if on Payment date then which date. and if i want to compute interest for late payment of TDS then Which date should be consider for interest payment computation. Do the needful for the same.
When and how Wct is applicable on Labour Job Work and what is the percentage?
what is form requirment for monthly, quartely, and yearly sale return for haryana
What is 43B in an Indian Taxation?
3 Answers Genpact, GET Engineering Construction,
What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?
What is supporting documents enclosed & must be required to Submit of quarterly & Yearly Sale Tax Return (Haryana)
we are in process of setting up a manufacturing unit in karnataka. can we procure cement from andhrapradesh by issuing c form
HOW TO SOLVE T-FV-1019 Invalid File Format
Which form we use for depositing Service Tax
how to make monthly salary sheets.
In India for various goods supplied Excise duties applied by suppliers on goods? How to check this.. Is there any website in
How to show reject material in ER1
Audit 
