Is sale of a machine from kolkata to siliguri liable for VAT or CST?
Souvik Kumar Ghosh (CA Final) (1368 Points)
19 December 2011Is sale of a machine from kolkata to siliguri liable for VAT or CST?
RENGARAJ R.K
(ADVOCATE)
(7557 Points)
Replied 10 January 2012
CST is applicable for interstate sale for taxable commodity. So, within the state of W.Bengal, only local VAT is applicable. If your machinery is meant as capital goods to the siligury buyer, that VAT is applicable at lower rate. Please check.
rengaraj r.k
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
