Vat

This query is : Resolved

Laxmikant Bahubali Tangade (Querist)
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23 May 2014 Dear Sir,

Our branch office is Pune - Maharashtra & Bengalor (Karnataka)we have grab order from Belgav (Karnataka) which is near to Maharashtra. To supply Panel Vat rate in Karnataka is 14.5 However in Maharashtra its 12.5%. Can we supply Panel from Maharashtra and save 2% or its mandatory to supply goods from Karnataka only.

Regards,

Laxmikant Tangade

CA DEEPAK S K

CA DEEPAK S K (Expert)
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23 May 2014 Mr Laxmikant as per the understanding it seems that you get orders from Karnataka and you supply goods (panels) towards such orders from maharashtra, this transaction will amount to interstate sale wherein you can charge 2% against c form receipt or 12.5% tax without c form.

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Laxmikant Bahubali Tangade

Laxmikant Bahubali Tangade (Querist)
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23 May 2014 Dear sir,

thanks a lot for your reply.

Please note we have our Branch office in Karnataka also and our customer is not having CST number. Please guide.

Regards,

Laxmikant Tangade

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CA DEEPAK S K

CA DEEPAK S K (Expert)
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23 May 2014 If customer does not have CST reg no then apply rate of maharashtra. I.e 12.5%. Branch office in kar will not matter unless you supply goods in Karnataka and afterwards a sales occur, if goods are moving from Maharashtra as result of order from Karnataka then it will be a CST sales.