21 June 2011
Our co at daman & office at mumbai our tin registration from daman when we purchase some material from mumbai then party charge 12.5% vat so how book this?
23 June 2011
Mr Pritamsurekar The goods purchased by you cross the borders of Maharashtra for delivering to your company at Daman.Hence it is an interstate transaction. You give the address of Daman as buyer in the invoice.It should not be shown as delivery taken in Mumbai.You can be at Mumbai place orders for goods and make payments also there,but delivery of goods after purchase should be at Daman. This is the important point to make it an interstate sale. In this case you can use 'C' forms to get tax concessions as per rules. MJK
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