Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

App;icability of Sales Tax

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear Sir, We are going to import Engine Components from the Overseas Suppliers. For the manufacturing of the said components , he has developed some toolings. We need to reimburse the said tooling cost to the overseas supplier. We are also paying service tax on the Development of the Toolings Cost because the Overseas Suppliers has no office in India. Further, Components supplied by Over S .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... eas Supplier would be consumed in the Engine and the same would be supplied to Demostic Customer, at Chennai ( T.N.). Now, we have to get the above said amount of Tooling Development Cost from our Demostic Supplier. For this purpose we want to raise Sales Invoice for Tooling Development Cost and with appropriate amount Service Tax payment . Now Our Query is that:- 1- Since there is no .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... physical movement of Goods from one state ( M.P. ) to another State (T.N.) then:- (a) is there need to pay CST; (b) If yes then our Customer can issue C-form ( C) OR to pay full rate of CST , without - C-Form. Please give your opinion. Regards Pradeep Jain - Reply By Pradeep Khatri - The Reply = Since, there is no physical movement of goods, therefore, concessional rate .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of tax wouldn't be applicable. - App;icability of Sales Tax - Query Started By: - Pradeep Jain Dated:- 14-2-2013 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates