Transactions are taxable or not
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
31 December 2012
A Regd dealer in Maharashtra, Purchase goods from Dealer regd in Gujrat & same is sell it to dealer regd in gujrat, without bring goods outside gujrat. is this transaction is taxable or not and any Form require in this transaction???
01 January 2013
Mr Author,
Let the dealers be called M, G1 and G2.
M buys goods from G1 in Gujrat. Gi should send the goods to a transporter, who can be advised by M to deliver it to G2 in Gujrat itself. M should not tAKE DELIVERY OF GOODS IN Gujrat.If he does so ,it becomes a local sale,as the goods do not cross the borders of Gujarat.But, once they are put into the process of transportation,to be delivered to M, it acquires the character of an interstate sale and also sale to G2 a transit sale...MJK
Let the dealers be called M, G1 and G2.
M buys goods from G1 in Gujrat. Gi should send the goods to a transporter, who can be advised by M to deliver it to G2 in Gujrat itself. M should not tAKE DELIVERY OF GOODS IN Gujrat.If he does so ,it becomes a local sale,as the goods do not cross the borders of Gujarat.But, once they are put into the process of transportation,to be delivered to M, it acquires the character of an interstate sale and also sale to G2 a transit sale...MJK
02 January 2013
but you cannot avoid payment of CST
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 January 2013
Sir
Please clarify in details, I think in this transaction we require 4 form i.e E1, E2 & C form from supplier & buyer.
please clarify
Thanks & Regards
Please clarify in details, I think in this transaction we require 4 form i.e E1, E2 & C form from supplier & buyer.
please clarify
Thanks & Regards
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