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Sale in transit / CST without C -Form

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..... Sale in transit / CST without C -Form
Query (Issue) Started By: - ashok sharma Dated:- 31-10-2012 Last Reply Date:- 2-11-2012 VAT + CST
Got 1 Reply
VAT / Sales Tax
We are a delhi based t .....

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..... rader (A) deals into Nonwoven Fabric. We purchase Nonwoven Fabric from Gujarat (B) and they chared 0% CST becasue CST is exempted on Nonwoven Fabric in Gujarat. No C -Form is required by them. I wan .....

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..... t to dispatch the material directly Gujarat to Mumbai based customer (C). Gujarat based company(B) will raise the invoice in favor of my firm (A) and consignee address will be Mumbai based customer ( .....

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..... C). We (A) will send our invoice directly to customer with 5% CST without C form. Our questions are - 1. Can we mark consignment sale word on my invoice in place of transporter name and LR ? 2. T .....

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..... here is requiremnt of E1& E2 form (We are not paying any tax to Gujarat based company (B) due to exemption but i am charging CST to Mumbai based customer) 3. Is it called Transit sale? Please help. .....

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..... Regards, Ashok Reply By Pradeep Khatri: The Reply: It is not clear that if you are purchasing goods which are exempted from levy of VAT/CST, then, during transit sale why are you charging CST @ 5% .....

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..... . Please clarify.
Discussion Forum - Knowledge Sharing .....

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