shridhar (executive) (26 Points)
09 March 2011sir
URGENT
required information of sales tax
supplier ( A ) & Customer ( B ) located in Hyderabad & C is situated in maharashtra. C advice to A to give material to B but raised invoice on us ( C ) so what sales tax will charge by A and also what sales tax will be charg by C to B.
SHRIDHAR JOSHI
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 10 March 2011
i) invoice from A>C= CST sales 2% against form C
ii)
a)invoice from C>B- CST sales 2% against form C
b) if A provides form E-1 to C and B gets the maretials from C by endorsement of L/R then
C>B .............transit sales , no tax, B will issue C form only.
CAclubindia
