Whether we have to pay VAT / CST when the Imported goods are being transferred from one bonded warehouse to other????
1 Replies
Mr Subrata Dasgupta
(Finance Professional)
(171 Points)
Replied 30 January 2013
Dear Ashmeet
You are not required to pay VAT / CST for such a transaction. These are transactions for Branch Transfer. Receiving Bonded Warehouse (in antother state) has to issue Form F to the despatching Bonded Warehouse in the originating state. It is presumed that the Company is registered under the Central Sales Tax Act in all the states.
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