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Vat/cst

vikaskamra (CA Final Student) (132 Points)

16 June 2012

The Client is located in Mumbai and have VAT registration in Maharashtra and also CST registration,

the client have purchase goods from west bengal and sold good in west bengal only

the supplier from WB have charged VAT and the client needs to charge CST but they dont have delivery challan/lorry receipt as a supporting evidence

the main thing is the billing is made from mumbai to mumbai by my client viz the party to whom the goods are sold in WB his HO is located in Mumbai

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4 Replies

vikaskamra (CA Final Student) (132 Points)
Replied 16 June 2012

forgot to mention the party to whom the goods are supplied is willing to give price inclusive of CST

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ARDHENDU BHATTACHARYA (TAX PRACTIONER) (95 Points)
Replied 30 June 2012

So, what is ur query?

gunjan agrawal (article) (44 Points)
Replied 30 June 2012

From 1/04/2012,

Is vat applicable on commission received by dealers on sale of petrol and diesel .

Pls Rply Soon

Ajit kumar Dubey (Taxation Manager) (637 Points)
Replied 02 July 2012

The incidence of CST arises when material is moved from one state to another under a contract defining the above mention terms, but in your case it appears that goods where bought and sold in WB only. Now the client who has sold goods in WB has to have a registration under WBVAT Act, if not registered then the dealer form whom the goods where purchased will charge VAT and the Client will have to charge VAT in WB only and not VAT/CST will be applicable in Mumbai. In that case the client will have to take a temporary registration under WBVAT Act, if at all they Input Credit on the said transaction or else all will be the cost for the company.