21 January 2011
Respected Expert, Kindly clear my sales tax related issue
Assume 'A' is a importer in Delhi. He is selling imported material to 'B' a dealer in Delhi. But 'B' want delivered the same In Himachal to 'C' a manufacturer.
Kindly clear what type of tax will charges on Bill & What type of Form will be issued by party to each other.( Kindly clear by example).
24 January 2011
A Will raise VAT invoice for the material to 'B', and 'B' Will send the material at his Retail invoice (CST) charging full rate of VAT applicable on comodity in Delhi or @2% ag. 'C' Form. If 'C' is sending the material even then it should be acompnied with Invoice of 'B' and appropriate inward challan of 'C'.
CAclubindia
