10 January 2011
PLEASE GUIDE ME IN URGENT...................... SIR, WE ARE BASED IN KERALA AND DOING CIVIL WORKSCONTRACT AND REGISTERED WITH VAT DEPARTMENT IN KERALA. WE GOT ONE NEW WORK IN KARNATAKA STATE AND WE TOOK REGISTRATION IN THAT STATE ALSO TO REMIT TAXES FOR THAT WORK IN THAT STATE ITSELF.
WE ARE GOING TO PURCHASE ONE MACHINERY FROM KARNATAKA STATE AND USE THAT MACHNIERY FOR THAT WORK IN KARNATAKA. AFTER COMPLETING THE WORK IT WILL BE SHIFTED TO OUR KERALA STATE HEAD OFFICE. THE BILL OF MACHINERY WILL BE RAISED IN THE NAME OF KERALA & PAYMENT WILL BE GIVEN FROM KERALA BY DD AND MACHINERY WILL BE TRANSPORTED IN THE BANGALORE STATE TO OUR WORK SITE ONLY (SELLERS STATE). ([MACHINERY IS NOT PASSING OUT OF THE SELLERS STATE AND THE TITTLE (BILL)IS IN THE NAME OF KERALA STATE]. WHETHER CAN I ISSUE C FORM FOR THIS AND CAN I ABLE TO PURCHASE UNDER CST FROM KERALA.
12 January 2011
If machinery is not entring in the state of keral, you can't purhcase against 'C' form of kerla, it is better for you purhcase it in karnatka, and take the benifit of VAT input tax in two tax periods in karnatka, from where you are making payment is not a matter.
CAclubindia
