Dear Friends,
We are sending goods (taxable & exempted) as stock transfer from chennai to other states in India to our depots. One of the depot ie in the state of Kolkata says that Sale Tax Department issues Form-F only for the taxable goods and not issuing the Form-F for exempted. I have refered to them, As per section 6A(1) submission of F form is mandatory to prove stock transfer. Otherwise, the transaction will be treated as sale for all purposes of CST Act. Still the Kolkata Assessing Officer is asking us to get a circular or letter from Chennai AO to issue the Form-F for exempted goods and a letter to this effect.
I have checked with all my seniors they also insist Form-F is a must to Support the Stock Transfer whether its Taxable or Exempted in both the States.
Kindly advice me how to proceed in this case.
B.N.Dharmendra
Mobile:9840776550
bn.dharmendra @ gmail.com
CAclubindia
