Tn vat

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William Peter.a

CA Final

179 Points Joined January 2009

I am working in a manufactruing Concern in chennai , we have sold some manufacturing scrap materials to our sister concern which is located in Punjab by chrging Vat @ 14.5% as per TN Vat.But they argued that why you have not transferred the goods against Form F.Kindly advice which is Correct.

Replies (1)

praveen

Chartered Accountant

6971 Points Joined September 2007

Form F is required only if it is transfeered to your own company's branch otherwise you will have pay CST as applicable i.e with C form or without C Form.