Vat & cst leive to final cunsumer
This query is : Resolved
28 June 2013
If i interstate purchaser with CST & i sale this material to within state customer can i leived vat tds & cst to final consumer
can anybody solve my query?
can anybody solve my query?
30 June 2013
You need to charge VAT on that sales including CST
01 July 2013
Thank you for above, But please give a example for my clearification
01 July 2013
In case your interstate purchase Rs.100
Purchase value Rs.100
CST value @ 2% Rs. 2
Total Rs.102
If you sell the goods at Rs.102 then need to calculate VAT on Rs. 102
Purchase value Rs.100
CST value @ 2% Rs. 2
Total Rs.102
If you sell the goods at Rs.102 then need to calculate VAT on Rs. 102
02 July 2013
AS SSON AS YOU IMPORT GOODS FROM ANOTHER STATE AFTER PAYING CST YOU HAVE TO CHARGE VAT IN YOUR CITY AND DEPOSITE THE SAME WITH SALES TAX.
IN CASE OF TDS THE SAME WILL BE DEDUCTED THE PARTY WHO IS PAYING THE PAYMENT TO ANOTHER PARTY IT CAN BE YOU WHO CAN BE DEDUCTER AND THE SAME HAS NO RELATION FOR SELLING YOUR GOODS.
AND CST APPLICABILITY
IN CASE YOU SELL THE SAME GOODS AGAIN OUTSIDE THE STATE THAT TO AGAINST C FORM THE YOU HAVE TO COLLECT CST AND DEPOSITE THE SAME WITH SALES TAX DEPARTMENT
IN CASE OF TDS THE SAME WILL BE DEDUCTED THE PARTY WHO IS PAYING THE PAYMENT TO ANOTHER PARTY IT CAN BE YOU WHO CAN BE DEDUCTER AND THE SAME HAS NO RELATION FOR SELLING YOUR GOODS.
AND CST APPLICABILITY
IN CASE YOU SELL THE SAME GOODS AGAIN OUTSIDE THE STATE THAT TO AGAINST C FORM THE YOU HAVE TO COLLECT CST AND DEPOSITE THE SAME WITH SALES TAX DEPARTMENT
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