02 October 2012
I think its okk to charge local tax, if A does not let the goods exit maharashtra itself.. like, if B is ready to drop goods at C's place directly, it will ease the job of A., othervise A can make an arrangement to deliver goods from B's premises to C's premises...
02 October 2012
there is no any entry of goods into Karnataka state, physically. It is thus outside the scope of Karnataka vat. You are paying CST at full rate as A is not ready to issue c form. A can very well raise the bill/invoice onto C. A is not exigible to Karnataka VAT in this case as the movement of goods is out of Karnataka.
02 October 2012
It means that 'B' can charge fulltax charges to 'A' hence its Interstate & not against Form 'C'. In this case, 'A' can raise invoice to 'C' on full tax of Karnataka.
Meaning is Basic Price + 14.5% or 5.5% VAT. Or else,
thay can do E-1 Tranaction i think... your advice please...
03 October 2012
Purchases OKS.. out of Karnataka State Movement of goods... out of Karnataka Sales OKS... Out of Karnataka State. So for "A", KVAT is NOT APPLICABLE. Coming to MVAT..... A is not a registered dealer under MVAT and "B" is charging full CST.
CAclubindia
