Exemption u/s 6(2) u/s cst act 1956
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 September 2012
"A"(Trader) is a registered dealer of Madhya Pradesh, and he wants to purchase goods from "B" who is a registered dealer of Maharashtra and wants to sell goods to "C" he is also a registered dealer of Maharashtra now A purchased goods from B and sell to C without taking delivery.
whether transaction exempt or not?
whether transaction exempt or not?
04 September 2012
Mr Author,
Yes it is exempt,but necessary statutory forms ahve to be issued B has to issue E1 form to A. A to issue 'C' form to B and C to 'C' form to A.....MJK
Yes it is exempt,but necessary statutory forms ahve to be issued B has to issue E1 form to A. A to issue 'C' form to B and C to 'C' form to A.....MJK
05 September 2012
B & C Both are dealers of Maharashtra. There is no movement of goods from one state to other or sale is not effected by B to C by transfer of documents of the title to goods during the movement of goods from one state to other.
05 September 2012
Here sale is effected by transfer of documents during transit as per the author. Hence it is an interstate sale.
MJK
MJK
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