DVAT or CST ? or BOTH
This query is : Resolved
27 March 2009
Hi Experts,
I am registered VAT dealer in Delhi dealing in Helmets and other merchandise products.
I have a DVAT TIN number assigned to every dealer Delhi.
I have customers in and around India and I want to send some goods to my customers outside Delhi.
When we sell something out of Delhi it is considered a CST sale or Interstate sale.
Thereby from a registered dealer to registered dealer outside Delhi would require getting C Form executed in our favour.
However, we are not selling goods to registered dealers but to the consumers.
These consumers are just like you and everyone who wants to buy goods from us BUT afcourse CANNOT give us C form.
My question here is -:
If I sell goods worth Rs 900 to an individual in Punjab, I will charge a CST of 2% on the Invoice.
Do I also have to pay DVAT of 12.5% also ?
Please advice and a brief explanation would be really appreciated.
Regards,
Sudhanshu
I am registered VAT dealer in Delhi dealing in Helmets and other merchandise products.
I have a DVAT TIN number assigned to every dealer Delhi.
I have customers in and around India and I want to send some goods to my customers outside Delhi.
When we sell something out of Delhi it is considered a CST sale or Interstate sale.
Thereby from a registered dealer to registered dealer outside Delhi would require getting C Form executed in our favour.
However, we are not selling goods to registered dealers but to the consumers.
These consumers are just like you and everyone who wants to buy goods from us BUT afcourse CANNOT give us C form.
My question here is -:
If I sell goods worth Rs 900 to an individual in Punjab, I will charge a CST of 2% on the Invoice.
Do I also have to pay DVAT of 12.5% also ?
Please advice and a brief explanation would be really appreciated.
Regards,
Sudhanshu
27 March 2009
The C form is meant for persons who receives the goods for re-selling.
In your case you are selling to a customer directly for consumption. It is treated as CST sale however rate of tax is not 2% it will the rate at 10% or 12.5% depending on the product.
You need not pay DVAT. You have to pay Delhi CST only
The C form is meant for persons who receives the goods for re-selling.
In your case you are selling to a customer directly for consumption. It is treated as CST sale however rate of tax is not 2% it will the rate at 10% or 12.5% depending on the product.
You need not pay DVAT. You have to pay Delhi CST only
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27 March 2009
Dear friend if have registered in DVAT it means you have registered in DVAT and CST both and if you sale goods in Delhi then DVAT is applicable and if you sell goods interstate ( out of Delhi) then CST applicable on it and moreover of its if you sell goods to consumer in Punjab then you have to charges full tax on value of goods means 4% of CST which not need any C form and it will called a Tax Paid sell. for mote information u can e-mail me on ranjeet1985@gamil.com
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27 March 2009
Hi Guys,
I am selling helmets @ 12.5% VAT which we charge to Delhi customers.
If I sell these goods to someone in UP Punjab or Karnatake ?
Then how much CST shall I charge ?
Also these are inter state sales, which will set off my VAT liability in Delhi ?
Please help me with the CST rate ASAP ?
I am selling helmets @ 12.5% VAT which we charge to Delhi customers.
If I sell these goods to someone in UP Punjab or Karnatake ?
Then how much CST shall I charge ?
Also these are inter state sales, which will set off my VAT liability in Delhi ?
Please help me with the CST rate ASAP ?
27 March 2009
Guys I am hanging on your answers.
Really need an expert help
Sudhanshu
Really need an expert help
Sudhanshu
27 March 2009
Guys I am hanging on your answers.
Really need an expert help
Sudhanshu
Really need an expert help
Sudhanshu
30 March 2009
Charge local VAT rate applicable on your products if you are not getting Form C. General Rule is to charge CST @ 2% against Form C and local VAT rate (though levy would be CST under CST Act) otherwise.
Nikhil
Beyond Consultants
beyondconsultants@ymail.com
Nikhil
Beyond Consultants
beyondconsultants@ymail.com
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