Vat- query
CA Shabeer (CA, M.com) (297 Points)
06 August 2013CA Shabeer (CA, M.com) (297 Points)
06 August 2013
Durga Datta Dash
(CA Final Student)
(76 Points)
Replied 06 August 2013
Hello shabeer
The sale from Gujrat to Kerala attracts CST, but in your case though the company is same it would be trated as stock transfer & nil CST against Form "F".But the input VAT on purchase at your Gujrat branch has to reverse 2% against every sales to kerla branch.
CA Shabeer
(CA, M.com)
(297 Points)
Replied 06 August 2013
no it is not stock transfer as our Gujrat branch purchase in their name and sell to customet directly. no way connected with head office Kerala