11 February 2012
A dealer purchased moblies from other state and paid entry tax and concessional tax @ of 2% againt formC....now he wants to sell it in MP.....then whats the tax rate applicable in MP and will he get the rebate for tax paid outside the state?
11 February 2012
As to entry tax.. if any entry tax is paid on causing entry of goods into the local area.. then if the same goods are again sold out side the local area the entry tax shall be adjusted again future liabilities..
If the mobiles are again sold against C forms you could charge CST @ 2% or local rate of tax on the goods in your state..
CAclubindia
