Central sales tax
This query is : Resolved
07 January 2010
Dear Sir,
We (in Chennai) are procuring a certain material from a seller in Bangalore and selling the same to a buyer in Bangalore by charging 2% CST against Form 'C'.
The seller says that he would deliver the material directly to the end buyer considering the urgency of requirement.
This would result in absence of any Lorry receipt, etc. establishing physical movement of goods from Bangalore to Chennai and back to Bangalore.
Will there be any problem if we charge 2% CST in this type of delivery transaction.
We will have valid purchase orders for the relevant transactions.
Please clarify
regards
S. Anand
We (in Chennai) are procuring a certain material from a seller in Bangalore and selling the same to a buyer in Bangalore by charging 2% CST against Form 'C'.
The seller says that he would deliver the material directly to the end buyer considering the urgency of requirement.
This would result in absence of any Lorry receipt, etc. establishing physical movement of goods from Bangalore to Chennai and back to Bangalore.
Will there be any problem if we charge 2% CST in this type of delivery transaction.
We will have valid purchase orders for the relevant transactions.
Please clarify
regards
S. Anand
07 January 2010
It is alocal sale for the banglore party and for karnatka party it is a sale/purchase outside the state.
08 January 2010
Dear Sir,
We (in Chennai) are procuring a certain material from a seller in Bangalore and selling the same to a buyer in Bangalore by charging 2% CST against Form 'C'.
The seller says that he would deliver the material directly to the end buyer considering the urgency of requirement.
This would result in absence of any Lorry receipt, etc. establishing physical movement of goods from Bangalore to Chennai and back to Bangalore.
a) Will there be any problem if we charge 2% CST in this type of delivery transaction.
b) Is a Lorry receipt compulsory to establish movement of goods.
c) Or a mere invoice with CST 2% is sufficient.
We will have valid purchase orders for the relevant transactions.
Please clarify
regards
S. Anand
We (in Chennai) are procuring a certain material from a seller in Bangalore and selling the same to a buyer in Bangalore by charging 2% CST against Form 'C'.
The seller says that he would deliver the material directly to the end buyer considering the urgency of requirement.
This would result in absence of any Lorry receipt, etc. establishing physical movement of goods from Bangalore to Chennai and back to Bangalore.
a) Will there be any problem if we charge 2% CST in this type of delivery transaction.
b) Is a Lorry receipt compulsory to establish movement of goods.
c) Or a mere invoice with CST 2% is sufficient.
We will have valid purchase orders for the relevant transactions.
Please clarify
regards
S. Anand
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Confusion around Form 26QB fields
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
- BUYING PROPERTY COULD NOT FILE 26QB
- Gst input for FY 23-24
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
