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Kiosk Purchase

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..... Sir, we bought a kiosk (Fixed Asset) from the supplier in chennai to delivery to our Hyderabad Branch, so whether he will charges Cst or Vat, if so at What rate ? Pls guide me sir - Reply By CA Rach .....

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..... it Agarwal - The Reply = Purchase will be CST purhcase within the ambit of Section 3 of the CST Act, 1956. As the purchase being of inter-state nature. If you give the "C" against the purchases, th .....

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..... en the CST rate will be 2%, however if the same not issued than the tax will be charged at the VAT rate or CST rate whichever is higher. C Form i.e concessional rate purchases will be made only if t .....

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..... he item purchased is for the trade nature or consumption in the production of finished goods. Purchase of goods for the use of the office purpose, "C" Form cannot be used. - Reply By PONNADA B K RAVI .....

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..... KUMAR - The Reply = This was a Fixed Asset where we sell our products and Coffee, so can we issue c form and ask the supplier to charge Cst. Is it ok - Kiosk Purchase - Query Started By: - PONNAD .....

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..... A B K RAVIKUMAR Dated:- 23-10-2010 Value Added Tax - VAT-CST - Got 2 Replies - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management Ind .....

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..... ia - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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