20 February 2013
SIR, I HAVE ONE QUERY SUPPOSE MR. A IS REGISTERED DEALER IN MAHARASHTRA , HE PURCHASED GOODS FROM CHENNAI AND WITHOUT TAKING IT IN MAHARASHTRA HE SOLD IT TO PARTY AT GUJARAT.
PLS EXPLAIN THE VAT IMPACT ON MR. A AND IS THERE ANY FORM TO SUPPORT THIS TRANSACTION.
20 February 2013
This a transaction of transit sale .. you can obtain a E1 form from Chennai supplier and issue C form to him. On sale of these goods in transit to dealer in Gujrat you dont charge CST tax in your invoice and obtain C form from the dealer in Gujrat.
CAclubindia
