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goods sold less than the stock inward from the other states

VAT and Sales Tax - Started By: - THYAGARAJAN KALYANASUNDARAM - Dated:- 23-6-2015 Last Replied Date:- 9-7-2015 - Dear Experts,One of our client have received stock transfer from their head office located in mumbai. And they are selling these goods within tamilnadu lesser than the value what they have received. After they are receiving the goods to branch in tamilnadu. Based on the quantity and as per their head office instructions they are selling these goods various customers. Based on the Stoc .....

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ppression and made it for higher rate of tax with penalty.Can u any one provide me any suitable case law to contend the assessment order. Now, they are preferred for an appeal. With regards,K. Thyagarajan. - Reply By Rama Krishana - The Reply = As per cursory view of the issue with common knowledge the action of the department is not valid. As per the provisions of the CST to the extend I am able to recall from my memory, there is to restriction or condition that goods must be sold on higher pri .....

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