raajjhesh (mgr) (40 Points)
11 April 2010Please let me know, the method/ procedure to raise the invoice for follwing condition:-
Manufacturer based in Maharashtra is billing to the dealer based in maharashtra against local vat.
But If a dealer wants to send the consignment out of state, whether a manufactuer can raise the invoice to " Dealer as Buyer & the Customer who is located in another state as a Consignee, by charing 2% c.s.t.
Please let me know your suggestions. Thanks in Advance.
SANJIV GARG
(Sr ACcountant)
(49 Points)
Replied 11 April 2010
Dear ....
there are two option
1. Sale agst Form "C" CST @ 2 % applicable. ( if area of seller under sez CST @ 1 % applicable.) in these case dealer have should be TIN / CST no.
2. Sale with Full Tax as applicable on sale items.
in both case you have must be TIN No / CST no.
CAclubindia
