Dipen (article) (447 Points)
13 November 2012
factory in gujarat and branch(sales office) in mumbai..so no tax between branchh transfer?? but set off by factory will be reduced by some %? branch will have 2 be seperately registered under MVaT? and billing to be done from branch itself(if regd) and charging vat?
Harshal Fifadra
(Chartered Accountant)
(1489 Points)
Replied 15 November 2012
Yes no VAT to be levied between two branches.
Set - off at factory to be reduced by 4% .
The branch at mumbai should be separately registered in MVAT
Billing to be done from Gujarat...
Mumbai office will issue the gujarat office F FORM .......
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
