sucheta (cs inter and CA FINAL student) (598 Points)
16 November 2010
dinesh
(Accounts Manager)
(54 Points)
Replied 16 November 2010
whether its sold to orissa or dispatched to orissa? pls confirm
nandini mishra
(individual)
(602 Points)
Replied 16 November 2010
in your opinion mr A sold goods in Orrisa to Mr. B, but when goods were on transport at orrisa the same is to be sold by mr. B to orrisa , it means third party transaction, Mr. B has to generate a new bill in the name of Orrisa.
KARTHICK NAGARAJAN
(STUDENT)
(126 Points)
Replied 26 November 2010
there is 2 options
1. Endorse the LR (Lorry Receipt) to the third party means no tax liability is to B
2. If B made a new bill means there is a tax liability
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)