Vat info

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

17 March 2012 Hello,
I have just started a snack food manufacturing unit in punjab and want to know VAT rates applicable in Punjab and outsidepunjab like Haryana, Chandigarh, himachal and jammu.
also, how will i charge VAT in invoice while selling my goods to customers in various states?
When will a C-form will be provided by customers?
How will CST be determined and how to deposit CST charged on invoice from customers for out of state customers?

Thanks

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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18 March 2012 Since you are setting up an industry then you should have a proper C.A. or a consultant . Moreover you have to get your unit registered under VAT as well as CST it is better you should consult a local person otherwise you might be misguided or better you to to the ST office and esquire.

You have also asked the question on Excise duty which has been replied and if you ask question where professional expert is required it is my advise that you should take the help of an expert.

Querist : Anonymous

Querist : Anonymous (Querist)

18 March 2012 Thanks a lot.
I have registered my firm for VAT number and received last month. I have also started billing this week and sold few itesm out of state and charged CST of 2%.
Do i need to register for CST? If yes, how?
I have local lawyer and CA but hesistant to ask these critical questions.
Also, i have subscribed to CACLUBPRO.
Where do we deposit the CST charged on bill?( Imean Sales tax office,excise e.t.c)
Regards,

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