Vay or cst

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Querist : Anonymous

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Querist : Anonymous (Querist)
29 June 2012 DEAR ALL,

if dealer(A) from gujarat buys goods from (B)of andhra pradesh and that said goods is sold to (C) of andhra only is that liable for CST or VAT
because selling invoice will be from gujarat by (A) to (C) so what would be tax consequances

PLEASE SUGGEST ME

THANKS,

30 June 2012 When A is purchasing goods it will be CST purchase
and when he is selling it will be CST sales.

02 July 2012 It will be a out and out sale , exempt from TAX .

If goods have crossed the state boundaries then and there it will be OMS Transaction.

In this case no tax is chargeble.


Other expert opinion are invited for discussion.




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