What do you mean by an Inter-state Sale. How does it
taken Place in a state????
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Answer Posted / subhash jha
INTER STATE SALE MEANS SALE BETWEEN TWO STATE.
EG:- M/s X & Co. ESTABLISHED IN DELHI & M/s Y & Co.
ESHTABLISH IN MUMBAI. X SALE TO Y OF Rs. 100000/-. THAT IS
INTER STATE SALE. AND IT'S CALLED ALSO CENTERAL SALE.
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#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY
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