Transit sale

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 September 2012 Can we sale our goods in same state in which we are regestred through Transit sale?
exp. A Ltd corporate office in delhi purchased goods from b Ltd in west bangol can A Ltd directly indorsed their bill to C Ltd which is also in Delhi through transit sale agsinst E form?

Please guide me for the same?

Thanks in advance......

Binay Chaudhary

ACMA Obulirajan R

ACMA Obulirajan R (Expert)
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18 September 2012 In this case sale from Y to X is covered under CST and X to Z is also covered Under CST as sale in transit.
Yes they can...

A will issue "C" form to B ,B will issue E-1 form to A and C will issue "C" form to A.

In the above case even A & C both are situated in Delhi but the sale transaction is covered under "sale in transit" clause of CST act so CST will be applicable and vat is not be charged.